News

Shale drillers are showing so much financial self-discipline that next year’s oil-production forecasts may be in peril, according to Tudor, Pickering, Holt & Co.. The boutique energy bank warned ...
U.S. shale production is set to rise 109,000 bpd this month to 8.7 million bpd, according to U.S. government forecasts. In the largest U.S. production basin output will hit a record 5.2 million bpd.
EIA forecasts a 16,000-bpd increase in oil production from the shale patch in May. When the illusion of unending U.S. shale oil supply growth shatters, the fallout will be significant.
U.S. shale oil production is poised for a significant boost, with BloombergNEF (BNEF) forecasting a 4.5% increase in output to 13.9 million barrels per day by 2025. This represents an additional ...
The Minot native worked in oil and gas since 1989, most recently at Chevron. Meanwhile, at this year’s meeting, “regulation has driven the conversation,” said attendee Lexee Dirk ...
The US slashed its forecast for 2023 oil production in the latest sign that world crude markets can’t rely on American shale fields to ramp up supply quickly enough to reduce high energy prices ...
The US Energy Information Administration (EIA) forecasts that US oil production will peak at 14 million barrels per day (mbbl/d) in 2027, maintaining this level until the end of the decade, before ...
Overall shale production across seven major shale regions is forecast to rise by 85,000 bpd to 8.316 million bpd, with the bulk of the increase seen in the Permian, where output is expected to ...
Forecasts for US shale oil production vary from an increase of 7.5 million barrels per day by 2020 –almost doubling current domestic output of 8.5 bpd – to a gain of 1.5 million bpd, or less ...
Last year, during the pandemic, shale oil production dropped by about 2.5 mb/d in short order, but much of this was due to wells being shut-in when prices collapsed to $16 in April of 2020, while ...