US Energy Information Administration

In the shale oil business, cash flow is a life or death issue. For smaller players, money from investors and lenders is getting harder to find.

The energy transition is underway, and the push to reduce carbon emissions will be at the forefront of industry discussion in the coming years. What role will oil and gas play in the changing landscape? How diversified can our fuel mix be while still meeting growing energy demand?

The agency updated its methodology and production volume estimates to factor increasing production from new, emerging plays as well as older plays that have rebounded thanks to drilling advancements.

A new report predicts that US output will rise to a new record high of 12.1 million B/D in 2020.

Oil prices have fallen since early October in lockstep with the plunge in 2014. But this time oil companies appear better able to deal with a tough situation.

Proved oil and gas reserves in the US have spiked to levels not seen before, the EIA reports, and one of the main drivers is the Permian’s Wolfcamp-Bone Spring Shale.

There is no single reason that they all exist—and bringing them all on line will face challenges.

The US has “likely surpassed” Russia as the world’s largest oil producer, according to a US Energy Information Administration report.

A marked change from a decade ago, Appalachia, the Permian, and the Haynesville now represent almost half of total US gas production, EIA reports.

Supply growth into next year is projected to outpace global demand, bringing markets once again into a state of relative imbalance.