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 ...
Natural gas prices hit record lows in the first half of 2024, making drilling wells in some basins less profitable, according to the U.S. Energy Information Administration. U.S. shale gas production ...
The Vaca Muerta shale play in southern Argentina continues delivering strong production growth. In a mere decade, shale oil and gas production have regularly soared to all-time highs, boosting ...
Ever since the shale-drilling boom was sparked by a Texas well a quarter-century ago, the volume of natural-gas extracted from so-called tight rock formations in the U.S. has only risen. The growth ...
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Argentina’s Shale Boom Propels It Past Colombia in Oil Output
Argentina has overtaken Colombia as South America’s fourth-largest oil producer, driven by rapid shale development in the ...
EIA oil storage report was fairly bullish today, with the crude draw of 6.4 million bbls outpacing our forecast of -4.33 million bbls. More importantly, in these weekly reports, we watch just how ...
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