Last week some comments from OPEC Secretary General Mohammed Barkindo signaled that OPEC may not understand how the U.S. oil industry functions. Reuters reports that Barkindo urged cooperation from U.S. Continue Reading
US shale oil production is unlikely to peak before the middle of next decade, but current fracking techniques may be risking the prospect of faster decline rates from tight oil Continue Reading
The global oil market has not yet shown clear signs that it has reached a turning point, and if oil prices stay relatively stable, U.S. shale production will rise significantly Continue Reading
The worm is turning for the crude oil price and American petroleum’s latest reporting season will likely announce a telling maturation of the US shale industry according to Woodside Petroleum Continue Reading
Continental Resources CEO Harold Hamm said the sale of oil from the Bakken shale basin in North Dakota to China represents the “new normal.The head Continental Resources, Harold Hamm, said Continue Reading
The U.S. shale industry will see another production surge in 2018 as producers have sharply ramped up bets against a fall in oil prices, major oil executives and bankers said Continue Reading
Encana Corp. Chief Executive Officer Doug Suttles says drillers in Texas’s prolific Permian Basin can no longer impress investors with how much acreage they’re snapping up or how quickly they’re Continue Reading
In the outlook for crude prices, a crucial factor is how far US shale oil production can grow. The shale revolution has transformed global oil markets over the past decade, Continue Reading
The U.S. shale industry will see another wave of investments as producers are “hedging like mad” against a fall in oil prices, the chief executive of Total Patrick Pouyanne said Continue Reading
Collaboration, repurposing tech will help company to achieve ‘shale field of the future,’ says exec. Like other major natural gas producers, Shell has a vested interest in ensuring that the Continue Reading
