Technological advancements and operational efficiency have allowed producers to maintain robust output even with fewer active rigs ... of oil production. The U.S. shale patch is drilling ...
Despite deregulation efforts and calls for increased production, U.S. oil drilling activity has fallen to near post-pandemic ...
The Permian Basin led the U.S. among shale deposits with 312 oil and gas drilling rigs, after dropping two in the last week, ...
Most recently, experts said shale oil production would peak soon as U.S. drilling activity ebbed and ... with oil prices mired in the $70s and the U.S. rig count stuck in a seemingly terminal ...
Shale drilling’s hot growth turned the U.S. into ... reputation after the 2010 explosion of BP’s Deepwater Horizon oil rig, which spilled 4 million barrels of oil into the Gulf of Mexico.