North Dakota, with its Bakken Shale formation, produced over 432.7 million barrels of oil in 2023, placing it third in the nation. Meanwhile, Colorado and Oklahoma contributed 165.7 million and ...

The country has multiple LNG export projects underway, including a floating facility (2.5 Mtpa) and planned expansions with ...

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.

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.

How shale oil can kill. By Mike Soraghan | 09/14/2015 06:36 AM EDT . When Joe Morales found him, Jim Freemyer was standing over the hatch, dazed and miming the gestures of measuring the crude oil ...

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 ...

GFZ German Research Center, France's IFP, and Holland's TNO are establishing a consortium of 15-16 university institutes and energy centers to map possible gas shale sites in various European ...

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.

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 ...

U.S. shale production is poised to slow this year as drillers reduce their budgets in response to lower oil prices, the head of the oil-field services company said.

A unit of state-run oil Chinese and gas major Sinopec Corp has found an initial 458 million tonnes (3.34 billion barrels) of geological shale oil reserves at its Shengli field, the official Xinhua ...

Shale oil and gas tends to be found in much of the same locations as conventional oil and gas fields. In fact, shale formations are normally the source of the petroleum trapped in conventional fields.