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It comes as analysts and investors are debating whether the American shale oil boom — production based on “fracking” technology — could be losing momentum. For a decade, fracking ...
boosted by the shale sector and near the output of Russia and Saudi Arabia. "U.S. oil production surpassed expectations in terms of an early bottoming and swift uptick, and is set to expand ...
When energy companies started extracting oil from shale formations in South Texas a few years ago, they invested hundreds of millions of dollars to make the volatile crude safer to handle.
Oct 16 (Reuters) - U.S. oil output from top shale-producing regions is set to fall for a third month in a row in November to its lowest since May, the U.S. Energy Information Administration (EIA ...
In the Permian shale in West Texas and eastern New Mexico, the nation's biggest oil-producing shale basin, drillers cut two rigs, leaving 285 rigs, the lowest since December 2021. In New Mexico ...
North Dakota issued new rules Tuesday that require energy companies to treat crude-oil pumped from the Bakken Shale to make it less volatile and safer to transport by railroads. In an ...