shale oil

The company said it will avoid the pumping business's “structurally disadvantaged position” and instead focus on well servicing and water logistics.

A new report says that production growth in the world’s most prolific unconventional basin is on the verge of stalling out.

Under the agreement, the Oklahoma City independent will monetize half of its working interest in 133 undrilled locations in the form of a $100-million drilling carry during the next 4 years.

Most of ConocoPhillips’ oil and gas production by the end of the next decade will come from its unconventional operations. But, for the near-term, the Houston independent will rely on conventional assets as it seeks to keep spending in check, decline rates low, and cash flow on the rise.

New research links a rise in seismic activity in West Texas with increased oil and gas development over the past 20 years and, in particular, the past decade.

Fluid saturation isn't what it used to be when it comes to unconventional reservoirs. Our guest is among those sharing new research to discuss the shale sector’s changing perspectives on the importance of mobile hydrocarbons vs. immobile hydrocarbons.

Spain’s Repsol will assume 100% interest in and operatorship of the joint venture as Equinor leaves the 9-year partnership.

Lower oil prices, increased operator focus on capital discipline, and diminishing access to capital are choking off once-soaring US oil production growth.

The 2019 World Oil Outlook projects tight-oil supplies to rise to at least 75% of total US production before retreating.

The volume of flared gas in the US unconventional sector is now 12% of the country’s total gas production. A pair of new reports say that Permian Basin operators account for much of the growth.