Flagging prospects have pushed domestic firms to seek out opportunities in new markets such as Australia and Venezuela.

A new discovery in the Permian Basin is challenging the narrative that shale oil and gas in the United States is declining.

Explore the differences between shale oil and conventional oil, including extraction costs and methods, and how these impact ...

Jafurah is projected to deliver up to 2 Bscfd of gas by 2030, yet that would only displace roughly 334,000 bpd of oil ...

FORT STOCKTON, TEXAS - MARCH 24: The sun sets behind a pumpjack during a gusty night on March 24, 2024 in Fort Stockton, Texas. Employment in Texas has reached record highs, with the oil- and ...

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 ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Crude oil production in the United States is booming, reports Poten & Partners in its weekly opinion. According to the U.S. Energy Information Administration, U.S. Field Production of Crude Oil ...

Many policymakers hope that shale oil and gas production will lead to greater energy independence. Deepak Gopinath isn’t so sure. He thinks that fracking is wasteful, expensive and is merely delaying ...

Shale drilling pioneer Continental Resources has suspended drilling in North Dakota's Bakken shale for the first time in ...

Producers prioritize capital discipline amid sub-$60 oil prices, with cuts in North America and Europe offsetting higher ...