Shale wells decline fast, forcing constant drilling—the “Red Queen” effect—with many losing 70–90% of output in three years. The IEA says global fields are depleting faster than thought, so most ...

Developing shale basins include the Vaca Muerta in Argentina and the Diyarbakir basin in Turkiye.

Argentina has achieved a new production record of 816,144 barrels of crude oil per day in August 2025, largely due to the Vaca Muerta shale formation, securing its position as Latin America's ...

U.S. shale production could fall by as much as 400,000 barrels of oil per day in 2026 if OPEC countries try to increase ...

The transaction is expected to close in the second half of 2026, the companies say.

Never bet against America’s oil and natural gas engineers. About two decades ago, these engineers delivered the shale oil and natural gas revolution. After many years of trying to figure out how to ...

A major shale oil production zone in China’s Junggar basin has recorded an annual output of more than 1.7 million tonnes, or about 12.46 million barrels, marking a breakthrough in the country’s shale ...

If the US operation in Venezuela tells us anything, it’s that Washington is thinking past the shale boom and back to a more traditional playbook: secure access to oil abroad when supply at home looks ...

FORT STOCKTON, TEXAS - MARCH 24: The sun sets behind a pumpjack during a gusty night on March 24, 2024 in Fort Stockton, Texas. Employment in Texas has reached record highs, with the oil- and ...

Crude oil production in the United States is booming, reports Poten & Partners in its weekly opinion. According to the U.S. Energy Information Administration, U.S. Field Production of Crude Oil ...

The internet is filled with claims that oil is undervalued compared to, for example, gold prices, the stock market, historical levels and so forth, even as the President calls for prices to fall ...