Oilfield service veteran David Messler suggested last month that oil production in the shale patch may be nearing its peak and consequent plateau. EIA forecasts a 16,000-bpd increase in oil production ...

Explore the differences between shale oil and conventional oil, including extraction costs and methods, and how these impact ...

Argentina has overtaken Colombia as South America’s fourth-largest oil producer, driven by rapid shale development in the ...

GOLDEN — Proposed methods of developing oil shale in place underground offer a lot of environmental benefits but pose more risk of groundwater contamination, a researcher working on behalf of the ...

US shale oil production growth in 2023 was overstated due to EIA's inaccurate data, leading to inflated growth expectations for 2024 and 2025. Associated gas production is outpacing crude production, ...

With production stalling and oil prices dropping, operators could focus on recovery rates and inventory, analysts say ...

Oil prices are already under pressure due to ample supply and weak demand growth, adding strain on US shale producers.

To some skeptics of oil shale development, even the process Shell is pursuing appears pie-in-the-sky. It envisions both long, slow heating of in-situ shale to produce kerogen and simultaneous use of a ...

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 ...

Recent discussions regarding the advent of a peak in global crude oil production generally fail to address the potential of America's rich, massive oil shale resources to augment petroleum supplies.

BOSTON — Defense contractor Raytheon Co. is selling technology to a large oil-field services company that hopes microwaves will someday become a key tool in unlocking the vast but hard-to-extract oil ...

The U.S. is a key player in the world of oil production, producing several key types of oil in 32 of 50 states, averaging 16.6 million barrels per day in 2023. This amounts to an annual production of ...