Continental Resources Inc.’s CEO Doug Lawler said that without locating potential new sites for drilling and extraction, oil prices could climb to $120 to $150 per barrel.

The drop in production costs is forecast to accelerate in coming months, providing welcome relief to US energy companies grappling with lower crude prices.

Shale is still growing. But analysts say fields are beginning to get exhausted, so production is starting to plateau. “Offshore is the only place that’s left to grow. The other thing about ...

President Trump, who promised to uplift oil and gas, is set to preside over a decline in shale production. Drillers that made the U.S. the world’s top oil producer say they are hitting the ...

US independent shale oil producers plowed money into output growth in the second quarter at the fastest rate in three years, a departure from the fiscal discipline that’s been the industry’s ...

The U.S. produces several key types of oil in 32 of 50 states, averaging 16.6 million barrels per day in 2023. But which state produces the most?

But documents from the litigation that followed Freemyer’s death map out in chilling detail just how toxic gases from oil field storage tanks can kill people.

Diamondback Energy Inc., the largest independent oil producer in the Permian Basin, says production has likely peaked in America’s prolific shale fields and will decline in the months ahead ...

Goehring & Rozencwajg: U.S. shale production peaked in late 2023 and is now declining, with geological depletion rather than market dynamics posing the biggest challenge.

The agency says the so-called Wolfcamp shale in Texas contains 20 billion barrels of oil and 16 trillion cubic feet of natural gas that are recoverable by hydraulic fracturing and other means.

HOUSTON (Reuters) -Turkish national oil company TPAO has signed a joint venture agreement with U.S. oil producer Continental Resources to develop shale fields in the country’s Diyarbakir Basin ...

Interactive map of New Brunswick's shale gas industry New Brunswick has been involved in the oil and gas industry since the first well was drilled in 1859 near Dover.