New production from the Gulf of Mexico or Alaska will take years to materialize and, as mentioned, most shale drilling is on ...

A shale-drilling frenzy in Argentina has put the country on the verge of leapfrogging regional rival Colombia as a top-three ...

The transition team of incoming U.S. President Donald Trump is already drafting an energy package to expand domestic oil and ...

Big Oil majors are reporting discoveries potentially containing billions of barrels of crude, along with trillions of cubic feet of natural gas. And they are drilling more. Because shale oil won ...

Exxon Mobil on Wednesday said its annual project spending will rise to between $28 billion and $33 billion between 2026 and ...

Shale E&P companies are demonstrating financial resilience and the ability to generate strong cash flows, even at lower oil prices. Increased drilling efficiency and cost reductions are ...

While Trump may reverse Biden-era restrictions on public land drilling, most U.S. production ... The advent of U.S. shale oil production in the late 2000s also sharply accelerated the pace of ...

The South Texas Drilling Permit Roundup is a weekly review of new drilling permit applications filed with the Railroad ...

After weeks of high activity, drilling in South Texas slowed with only 26 new permit applications filed across the Eagle Ford Shale ... active company was Repsol Oil & Gas USA LLC, with each ...