Natural gas production in US shale and tight formations has declined so far in 2024 and is on track to post its first annual decrease in at least 24 years, according to a new report from the US Energy ...
U.S. natural gas production from shale and tight formations, which accounts for 79% of dry natural gas production, decreased slightly in the first nine months of 2024 compared with the same period in ...
With production stalling and oil prices dropping, operators could focus on recovery rates and inventory, analysts say ...
Javier Blas is a Bloomberg Opinion columnist covering energy and commodities. He is coauthor of “The World for Sale: Money, Power and the Traders Who Barter the Earth’s Resources.” The US oil industry ...
China halted purchases of US crude in March as trade tensions between the two countries ramped up, casting a shadow over demand for oil produced from American shale formations. The lack of such ...
DOHA (Reuters) -U.S. shale oil output will flatten out if prices remain where they are now and will start to decline with prices in the $50s per barrel, the CEO of ConocoPhillips said on Tuesday in ...
Never bet against America’s oil and natural gas engineers. About two decades ago, these engineers delivered the shale oil and natural gas revolution. After many years of trying to figure out how to ...
Directional drilling in shale formations is applied to place long horizontal laterals precisely within thin, mechanically favorable target intervals, enabling multi-stage stimulation and economic ...