America’s most productive oil patch is now grappling with a problem it cannot drill its way out of: mounting underground ...

Argentina has overtaken Colombia as South America's fourth-largest oil producer, driven by rapid shale development in the ...

EIA forecasted that U.S. oil production will grow by 590,000 bpd to a total of 12.44 million bpd. WSJ data: big wells in the Permian are becoming harder to find. Pioneer Natural Resources CEO ...

High-resolution study of Jurassic mudstones in China’s Sichuan Basin reveals that astronomical cycles control climate, ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. U.S. crude oil production has overwhelmingly exceeded earlier forecasts and ...

With production stalling and oil prices dropping, operators could focus on recovery rates and inventory, analysts say ...

BUENOS AIRES, March 22 (Reuters) - Argentina's Neuquen province hit a record for daily oil production in February, aided by increased activity in the Vaca Muerta shale formation, the local government ...

The Gulf Coast is awash in oil from shale formations, so much light oil that the region’s refineries can’t process it all without spending big money on modifications. There’s so much shale oil that ...

The question of whether the Obama administration has promoted or hampered oil and gas extraction over the last four years was one of the most contentious issues of the 2012 campaign. In 2008, Barack ...

Directional drilling in shale formations is applied to place long horizontal laterals precisely within thin, mechanically favorable target intervals, enabling multi-stage stimulation and economic ...