Goehring & Rozencwajg: U.S. shale production peaked in late 2023 and is now declining. Geological depletion rather than market dynamics poses the biggest challenge. Novel technologies like CO2 ...
With production stalling and oil prices dropping, operators could focus on recovery rates and inventory, analysts say ...
Oil prices are already under pressure due to ample supply and weak demand growth, adding strain on US shale producers.
Cyclic carbon dioxide injection, also known as "CO2 huff-n-puff," is a multi-phase process in which CO2 is pumped into a reservoir to enhance oil production from naturally occurring rock formations.
Argentina has overtaken Colombia as South America's fourth-largest oil producer, driven by rapid shale development in the ...
Argentina's Vaca Muerta shale formation has seen a tenfold increase in oil production, making the country South America's third-largest oil producer. Foreign investment and major infrastructure ...
The idea of peak oil is familiar to most readers. It refers to the point at which global petroleum production reaches its maximum point and begins an irreversible decline. Turning to the United States ...
The decline in oil prices and U.S. shale production potentially peaking by 2026-2027 will shift global oil supply and price volatility. CEOs of Occidental Petroleum and Diamondback highlight the ...
Energy security remains a top priority for China as it seeks to reduce dependence on foreign oil. The discovery of two ...
Crude oil production in the United States is booming, reports Poten & Partners in its weekly opinion. According to the U.S. Energy Information Administration, U.S. Field Production of Crude Oil ...
Over 140 million tonnes of proven geological reserves of shale oil were discovered with technically recoverable reserves of 11.4 million tonnes, Sinopec said. This is the first shale oil field ...
We’re going to have our very large United States oil companies, the biggest anywhere in the world, go in, spend billions of dollars, fix the badly broken infrastructure, the oil infrastructure, and ...