Watford City, North Dakota, Oil production in the Bakken shale formation near the Missouri River. (Photo by: Jim West/UCG/Universal Images Group via Getty Images) eaking of shale oil production and ...

By David French, Arathy Somasekhar and Georgina McCartney HOUSTON, March 26 (Reuters) - Private energy companies and their backers are emerging as leaders in the next phase of global shale development ...

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. The U.S. shale oil and gas boom that began early this century had ...

After initially saying markets had “plenty of oil,” Fatih Birol proposed a record emergency oil stock release as tanker traffic through the Strait of Hormuz effectively froze following the war.

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 ...

Enverus warns U.S. shale is entering a new era of higher costs. Breakevens may rise from ~$70 to as much as $95 per barrel by the mid-2030s as core inventory depletes. Permian shale growth slows while ...

Even after years of technological breakthroughs, the shale industry still leaves most of the oil underground. At best, American drillers siphon away 15% to 10% of what’s potentially available; the ...

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Argentina, in a surprise development, overtook Colombia to become South America’s fourth-largest oil producer. The country is undergoing a once-in-a-generation unconventional hydrocarbon boom, which ...

The Bakken shale has stabilized production around 1.1 million b/d, with margins squeezed by low-to-mid $50s/bbl oil prices, leading to a focus on operational efficiency rather than expansion. Vaca ...