Shale wells decline fast, forcing constant drilling—the “Red Queen” effect—with many losing 70–90% of output in three years. The IEA says global fields are depleting faster than thought, so most ...
Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. The US shale industry is at risk if West Texas Intermediate (WTI) crude oil prices fall to and ...
Shell has agreed to buy Canadian shale company ARC Resources for $13.6 billion, in a move to boost its production ...
If oil is in such short supply, why can’t we simply drill more of it? The answer for the past couple months has been ...
A major shale oil production zone in China’s Junggar basin has recorded an annual output of more than 1.7 million tonnes, or about 12.46 million barrels, marking a breakthrough in the country’s shale ...
In a BMI report sent to Rigzone by the Fitch Group recently, analysts at BMI, a Fitch Solutions company, said China's outlook for shale oil production is improving. Image by zhengzaishuru via iStock ...
Argentina's state oil firm YPF swung to a net profit of $409 million in the first three months of 2026, reversing a net $10 ...
Argentina’s shale oil (Vaca Muerta) is scaling via longer laterals, higher frac intensity, and midstream debottlenecking; shale oil now provides an estimated 45–55% of national crude and is ...
05 October 2011 AMMAN (JT) - An agreement signed in March for a British company to exploit Jordan's oil shale resources has received official approval, according to a statement from the UK embassy in ...
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