Signs point to fracking. Natural gas is mainly methane. Fracking involves drilling an oil or gas well vertically and then horizontally into a shale formation. A mixture of highly pressurized water ...

Crude prices lingering below $65 are benefiting U.S. consumers at the pump, but they’re squeezing shale producers. Key shale players like Diamondback, Liberty, and Coterra are cutting production ...

Sinopec well unlocks 400 Bcm deep shale potential. Exploration success underscores vast potential of the Hongxing–Fuxing region. Sinopec president, Ma Yongsheng, Photo: SINOPEC ...

A Rajasthan government employee, Shakur Khan, was detained in Jaisalmer for espionage linked to Pakistan. He previously worked for ex-minister Shale Mohammad, sources said. Khan visited Pakistan ...

The shale macro. We are about 15 years into a complete upheaval in global oil production dynamics, as noted in the EIA graphic below. You can see that, commencing in 2012, ...

The slowdown in shale production growth is not new, however, with US oil liquids production growth—of which a major driver is shale—decelerating in recent years. We recently lowered our US oil liquids ...

Saudi Arabia, Opec’s de-facto leader, in 2014 sought to curb surging US output by flooding the market with cheap oil. This effort bankrupted a number of shale producers, but it only temporarily ...

EOG is set to acquire Encino for $5.6 billion, expanding its Utica shale position and marking a major step in portfolio diversification.

Oil drillers in the U.S. shale heartland are slowing down operations, a sign that OPEC's high-stakes price war is starting to pay off, but Saudi Arabia will need to exert a lot more pain to make a ...

EOG Resources said on Friday it would acquire U.S. oil and gas firm Encino Acquisition Partners for $5.6 billion, including debt, to bolster its Utica shale position.