Shale
News
April 19, 2022
Halliburton Co. said North American oil and natural gas drillers will lift spending by 35% this year, an increase from the biggest fracer’s pre-Russian war forecast.
News
April 19, 2022
Shale explorers in the Permian Basin chewed further into their supply of ready-made wells for a 20th straight month, leaving the smallest inventory of low-cost wells in the biggest U.S. oil field in more than half a decade.
News
April 14, 2022
Quantum Energy Partners, one of the largest private-equity players in U.S. shale, is reloading its leadership ranks following the step back of a senior partner earlier this year.
News
April 13, 2022
Drilling permits for new wells have spiked to unprecedented levels in the Permian Basin, signaling crude oil suppliers in America are finally responding to higher prices.
News
April 12, 2022
U.S. crude output will grow at a more diminished pace than previously expected as shale producers grapple with higher production and labor costs amid rampant inflation.
News
April 12, 2022
Some of the worst fire conditions in a decade are going to sweep across Texas and the southern Great Plains, threatening key shale-oil fields, slaughterhouses and farms.
News
April 11, 2022
From a barbecue lunch at an LNG terminal in Texas to commercial talks near Capitol Hill, American natural gas companies are making a multi-state push to woo potential European buyers.
News
April 08, 2022
The difference in business models of shale wells and offshore projects explains why it’s so difficult for oil giants such as Shell to quickly ramp up production when geopolitical disruptions like Russia’s war in Ukraine upend markets.
News
April 08, 2022
According to GlobalData’s latest report, “Unconventional Production in the U.S. Lower 48, H2-2021,” oil production from the U.S. Lower 48 shale plays has risen by 25% during May 2020 to February 2022.
News
April 05, 2022
To drill more wells, they need steel tubes to line the inside of the holes and get the crude out. Those pipes have become more expensive and scarce.
News
April 05, 2022
Business Secretary Kwasi Kwarteng commissioned a geological report into the science of shale gas fracing, as the U.K. government tries to boost energy self-sufficiency in the wake of the Ukraine war.
News
April 04, 2022
Employment in the U.S. oilfield services and equipment sector rose by an estimated 2,698 jobs to 608,702 in March, according to preliminary data from the Bureau of Labor Statistics and analysis by the Energy Workforce & Technology Council.
News
March 31, 2022
There’s been a rush of investors to fuel Bitcoin mines with gas that would otherwise be burned off or vented into the atmosphere in oil-producing fields.
News
March 28, 2022
Despite having shale-gas deposits to rival those in Appalachia, Argentina's domestic gas production sector has suffered from years of underinvestment that has left it unable to meet domestic demand, never mind the needs of the export market.
News
March 23, 2022
U.S. shale drillers are incurring record labor and equipment costs so they can cash in on the highest oil prices in 14 years.
News
March 21, 2022
Rockcliff Energy LLC, a private equity-backed natural gas explorer, has been speaking with advisers as it evaluates takeover interest from rival U.S. shale drillers, people with knowledge of the matter said.
News
March 18, 2022
The activist investor that forced a board shakeup at Exxon Mobil Corp. to accelerate a move to clean energy is calling on U.S. shale to produce more.
News
March 17, 2022
Warren Buffett’s Berkshire Hathaway Inc. snapped up 18.1 million additional shares of Occidental Petroleum Corp., giving the conglomerate a 14.6% stake in the oil giant.
News
March 16, 2022
Any company that fails to respond within 60 days “will be presumed to be boycotting energy companies,” according to a statement released on Wednesday.
News
March 14, 2022
Even before Russia’s invasion of Ukraine sent shockwaves through the oil market, U.S. shale producers had been exiting their price hedges for months.
News
March 13, 2022
Shale explorers returned to growth mode this week, adding the most rigs in a month as the Biden administration calls on them to unleash more crude to offset a ban on Russian oil.
