The number of rigs drilling for new oil is at its lowest point in two years. That's bad news for people like Ron Fountain, who works on a drilling rig in the Bakken shale of North Dakota. The leading global oil, gas and energy news resource. Covering the latest oil and gas news including shale, lng, drilling, exploration and production. Shale Experts is the only tool you will need to track,predict and analyze US & Canada activities. What is included : Latest News on the US, Canada and International plays Oil Prices. Shale Glossary. Phrases and definitions. Shale FAQ. Answers to common questions. Shale Resources. Info on leasing & regulations. Shale Maps. Drill sites and active wells. Contact Us. Get in touch. Farm and Dairy. Weekly Newspaper Featuring Shale News Exxon Mobil is slowing the pace of its flagship shale project in the Permian Basin, one of the first signs that the oil majors are throttling back on production in response to the recent slump in U.S. shale oil output to hit record high 7.9 mln bpd in Dec -EIA. Output was also expected to rise in each of the other basins, except for the Haynesville, where it would remain unchanged at 43,000 bpd. The latest market analysis report: 'Permian Basin Shale in the US, 2019 - Oil and Gas Shale Market Analysis and Outlook to 2023' reveals that production of crude oil and natural gas has grown each year from 2013 to 2018 despite the oil and gas industry going through one of the worst downturns during that period.
4 days ago Earlier this week the energy department ditched the latest planned sale of 12m barrels from the reserve, citing “recent fluctuations in global oil
ETEnergyworld.com brings latest oil shale news, views and updates from all top sources for the Indian Energy industry. 10 Mar 2020 Saudi oil price war unleashed a shock wave through North American producers that North American shale oil producers are contemplating a new round of A source close to Chevron told Reuters News Agency that while it Turn to World Oil for the latest advances, technological applications, company 3/13/2020 Oil hedges that burned shale drillers in 2014 cause trouble again Oil shale is an organic-rich fine-grained sedimentary rock containing kerogen from which liquid "Oil shales in the world and Turkey; reserves, current situation and future prospects: a review" (PDF). Oil Shale. U.S. Water News Online. Oil and Gas People first for breaking oil industry news from around the globe. Tue 17 Mar 2020 Oil Price Crash: 50% Of U.S. Shale Could Go Bankrupt.
Industry Headlines. Friday, August 09, 2019 Oil surged the most in nearly a month as investors digested Saudi Arabia's latest plan to help stabilize prices following a large dip earlier in the week that was fueled by demand concerns. Friday, August 09, 2019 The U.S. shed six oil rigs and two gas rigs this week.
9 Mar 2020 The first has been the surge of shale oil production in the United States, failed to agree on new cuts, but they had also failed to sign off on the extension of like natural displays of camaraderie at OPEC news conferences. 10 Mar 2020 Vladimir Putin knows America's fragile oil industry is built on a mountain of debt. New York (CNN Business) Vladimir Putin knows America's fragile oil industry is built on a mountain of debt. Moscow's refusal to join with the cartel is aimed in part at drowning US shale oil 2020 Cable News Network.