News

The combined oil output from America’s “Big Three” super-giant shale oil fields (Bakken, ... Via oilfield services company Baker Hughes, the map above shows all of the current 898 ...
A vast field of shale rock in West Texas could yield 20 billion barrels of oil, making it the largest source of shale oil that the U.S. Geological Survey has ever assessed, agency officials said.
According to the U.S. Geological Survey, the shale formation in West Texas holds 20 billion barrels of oil valued at $900 billion.
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.
US Shale Pumps More Cash into Aging Oil Fields, Rystad Says. Fiscal discipline has been industry’s focus for last two years; Elevated production reinvestment unlikely to last: Rystad ...
Welcome to Energy Daily, our guide to the energy and commodities markets powering the global economy. Today, Senior Reporter Kevin Crowley unpacks how US oil production costs are declining at a ...
LONDON, Aug 22 (Reuters) - "I believe and will prove that our country is not deficient in oil reserves. If I can use my 20-year lifetime in exchange for a large oil field, I will." Those comments ...
Sinopec discovered Xinxing and Qintong shale oil fields in eastern China with combined proven reserves of 180 million tonnes. Alex Procyk. March 25, 2025.
The combined oil output from America's "Big Three" super-giant shale oil fields (Bakken, Eagle Ford, Permian) surpassed Canada's crude oil production last September for the first time ever, and ...
A vast field of shale rock in West Texas could yield 20 billion barrels of oil, making it the largest source of shale oil the U.S. Geological Survey has ever assessed, agency officials said.
DALLAS — A vast field of shale rock in West Texas could yield 20 billion barrels of oil, making it the largest source of shale oil the U.S. Geological Survey has ever assessed, agency officials ...