U.S. shale gas production experienced its first recorded decline in the first nine months of 2024, primarily due to falling gas prices and reduced rig counts. The Haynesville and Utica shale plays ...

South Africa’s top petroleum official says the government will end a 13-year moratorium on shale gas licensing activities in order to maximise the use of domestic energy resources, a move that ...

This can be explained by the significant impact of the US's shale revolution, which has resulted in an abundance of American oil in global markets. Two decades ago, the US produced around 7mn ...

Senior Vice President and Director of Research, Federal Reserve Bank of Dallas The "shale revolution" has stimulated tremendous production of oil and natural gas in the United States. The ...

U.S. shale oil production may have peaked, with oil recovery per foot drilled in the Permian Basin declining, while deepwater oil investments are rising rapidly. Offshore discoveries in Guyana ...

Natural gas production in US shale and tight formations has declined so far in 2024 and is on track to post its first annual decrease in at least 24 years, according to a new report from the US ...

Shale oil and gas output is soaring in the flat, arid landscape. Fracking wells are being drilled at record pace, pipelines built to take gas north to the capital Buenos Aires - and eventually ...

Natural gas prices hit record lows in the first half of 2024, making drilling wells in some basins less profitable, according to the U.S. Energy Information Administration. U.S. shale gas ...