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 ...
Earlier predictions of "peak shale" have shifted, with US shale drillers now signaling continued growth due to improved efficiency. The Energy Information Administration (EIA) has revised its ...
Abu Dhabi's ADNOC expects to make a final investment decision this year on its unconventional gas project with TotalEnergies ...
Shell has agreed to buy Canadian shale company ARC Resources for $13.6 billion, in a move to boost its production ...
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 ...
U.S. shale drillers can't increase production quickly enough to offset oil supply disruptions caused by the U.S.-Israel-Iran conflict, industry experts told the Financial Times. Shale producers would ...
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 ...
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 ...
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 ...
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