Permian Basin operators’ search for their next Tier 1 opportunities has caught the attention of the Energy Information Administration. Operators are increasingly testing the Avalon, Barnett and ...
U.S. shale gas production experienced its first recorded decline in the first nine months of 2024, primarily due to falling gas prices and reduced rig counts. The Haynesville and Utica shale plays ...
Unconventional production now accounts for roughly 70% of Argentina’s oil and gas output. Vaca Muerta’s geology, crude quality and competitive costs support further production growth. Rising exports ...
The shale boom positioned the US as the world's largest producer of petroleum and natural gas hydrocarbons. Credit: Luciavonu/Shutterstock.com. · Offshore Technology · Luciavonu/Shutterstock.com.
US shale oil production growth in 2023 was overstated due to EIA's inaccurate data, leading to inflated growth expectations for 2024 and 2025. Associated gas production is outpacing crude production, ...
Argentina's oil output hit a record in July as the Vaca Muerta shale boom offsets the economic pain of Milei's austerity drive.
Ever since the shale-drilling boom was sparked by a Texas well a quarter-century ago, the volume of natural-gas extracted from so-called tight rock formations in the U.S. has only risen. The growth ...
US natural gas production from shale and tight formations, which makes up 79% of dry natural gas production in the US, saw a slight decline in the first 9 months of 2024 compared with the same period ...
Incoming President Donald Trump and his team have suggested that by expanding drilling, oil production might rise by 3 million barrels/day (mb/d), bringing down prices and thus U.S. inflation. This is ...
What a world we live in. When Chris Wright, former CEO of Liberty Energy, became the US Secretary of Energy nominee, the entire energy sector cheered. Finally, someone with actual oil & gas experience ...
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