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“Oil Shale and Tar Sands Leasing Programmatic EIS Information Center; US Energy Information Administration, “Petroleum Basic Statistics” (July 2008). The US currently produces just over 5 million ...
Continental Resources estimates 6.1 bln barrels in Diyarbakir Basin-minister says Turkey aims to reduce imports, boost energy security with domestic resources Turkey's 2024 crude production was ...
ConocoPhillips CEO Ryan Lance stated that U.S. shale production will stagnate in the low $60s and decline in the $50s unless oil prices rebound or new technologies emerge. Breakeven levels remain ...
US shale oil output hasn’t peaked and can expand, but not if prices are near $50 a barrel, according to the chief executive officer of oil giant ConocoPhillips. Shale executives are keeping a ...
Forecasters trimming expectations for U.S. shale output after prices fall US crude production could decline if prices in $50s, Conoco chief says Oil below $60 means lower investment, unmet power ...
SIRNAK, Turkey - U.S. oil producer Continental Resources estimates there is a shale oil reserve of 6.1 billion barrels in Turkey's southeastern Diyarbakir Basin, the Turkish energy minister said.
Reports suggest OPEC+ may boost oil output in July, aiming to undercut U.S. shale producers by pushing prices below $60. Shale drillers, already challenged by inflation, wastewater issues ...
With U.S. shale losing steam ... which gives it more than 170 billion barrels of oil reserves, with almost all of these being in Alberta's oil sands operations. These oil sand operations are ...
U.S. shale oil production will flatten out if prices remain at current levels and will start to decline if prices languish in the $50s per barrel, ConocoPhillips (COP) CEO Ryan Lance said Tuesday ...
According to the Dallas Fed, shale production only becomes profitable where crude oil trades above USD 65/bbl. At the time of writing, the two crude benchmarks, WTI and Brent, are trading below ...
Oil output will fall by 1.1 per cent next year to 13.3mn barrels a day, according to S&P Global Commodity Insights, as prolific shale drillers that made the US the world’s biggest producer idle ...
DOHA (Reuters) -U.S. shale oil output will flatten out if prices remain where they are now and will start to decline with prices in the $50s per barrel, the CEO of ConocoPhillips said on Tuesday ...
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