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Shale industry

Oil Shale
US Shale Industry Wages Set to Grow as Companies Boost Output
Higher production in oil-rich Permian Basin is expected to add 7,000 jobs by the end of next year
Oil Shale
New Mexico’s Permian Output Rises – will a Modest Shale Recovery Follow?
New Mexico’s oil production surged to a record in May highlighting the Permian Basin’s role as the shale industry sees some recovery from the pandemic.
Oil Shale
Global Shale Industry on a Recovery Path After 8.1% Production Decline in 2020, Says GlobalData
Global shale production has taken a drastic hit in 2020, where shale oil is expected to drop by 11.7% year-on-year and shale gas production may see a 4.5% fall,…
Shale Gas
Not Even Higher Oil Prices Can Save U.S. Shale
The U.S. shale industry is burning through cash so fast that even the state of Texas is looking at government rationed production targets. Texas Railroad Commis…
Oil&Gas Drilling
Is Big Oil Wasting Its Time in The US Shale Patch?
Growth in the U.S. shale industry is dramatically slowing down, with cash-strapped drillers slashing spending and scrapping rigs. At the same time, the oil majo…
Shale Gas
Shale Industry Has Destroyed 80% Of Its Value Since 2008
"The fact is that every time they put the drill bit to the ground, they erode the value of the billions of dollars of previous investments they have made," said…