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 ...

While the United States leveraged its shale oil revolution to shift from an oil importer to a net oil exporter, the major ...

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

These active drilling rigs include 482 oil rigs operating in U.S. oil fields, up by five from the previous week; 102 gas drilling rigs, up by two from last week; and five miscellaneous rigs, the same ...

Shale oil is extremely difficult to extract, requiring the drilling of horizontal wells and fracturing of oil-bearing shale, creating artificial fractures with water and other items. Engineers ...

For almost a decade, Tony Sanchez III was the epitome of a shale-boom CEO—furiously drilling oil wells, piling on debt and hunting quail and nilgai with fellow executives near his family’s ...

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

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 ...