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Drilling in the U.S. shale patch declined at the fastest pace in almost two years as mounting international trade tensions threaten to stifle energy demand. The number of U.S. rigs drilling for ...
The U.S. shale industry is struggling as the crash in oil prices, triggered by President Trump's tariffs and exacerbated by ...
Shale boss Bryan Sheffield, the son of Pioneer Natural Resources founder Scott Sheffield, appears to have called on America’s shale drillers to cut drilling immediately ...
President-elect Donald Trump wants U.S. oil producers to rekindle their once-frenzied drilling, but the country’s shale patch ...
U.S. oil production will peak at 14 million barrels per day in 2027 and maintain that level through the end of the decade, ...
Shale-oil companies are taking some of the harder lumps on Wall Street as crude prices tumble and President Donald Trump’s trade war runs headlong into his goal to turbocharge US energy production.
Fracking-the high-pressure injection of water, chemicals and sand into shale deposits to release the gas and oil trapped within the rock-in recent years has been combined with horizontal drilling ...
the technique that enabled the shale revolution in the mid-2000s, thousands of wells have perforated the Permian and fractured the rock to extract oil and gas. Relentless drilling to reach record ...
It is the chicken or the egg. Aethon, the shale’s largest producer, has said it will not ramp up drilling until prices rise. It is looking for $5 MMBtu as opposed to the $4.50 projected into ...
But shale executives told a survey by the Federal Reserve Bank of Dallas that the president’s trade policies and rhetoric were now threatening their drilling plans. “The administration’s ...
By tapping proprietary drilling theory and technological approach, oil workers extracted some 500,000 tons of shale oil from the oilfield in 2024, while the accumulated crude production exceeded 1 ...
This file photo shows the drilling site of the Jiyang shale oil national demonstration zone in east China's Shandong Province. [Photo/Xinhua] The China Petrochemical Corporation (Sinopec Group ...
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