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U.s. shale oil
Crude Oil
US Crude Oil Pipeline Squeeze Boosts Prices At Gulf Coast Export Hub
The difference in prices for U.S. shale oil in West Texas and at Houston has widened in the last two months on dwindling pipeline space to move the crude to the…
Oil Field
Pioneer Natural Resources to Increase Return Targets for Oil Wells
U.S. shale oil producer Pioneer Natural Resources will reshuffle its drilling portfolio next year to target wells with potentially higher returns, a move to boo…
Oil Shale
Shale Firms Discount 'U.S. Put' as Inadequate to Lift Oil Output
U.S. shale oil executive Matt Gallagher this week took a poll on Twitter to gauge sentiment toward President Joe Biden's offer to stock the U.S. emergency oil r…
Oil Shale
Oil Output in Permian to Rise to Record High in September -EIA
Oil output in the Permian in Texas and New Mexico, the biggest U.S. shale oil basin, is due to rise 79,000 barrels per day (bpd) to a record 5.408 million bpd i…
Oil Shale
U.S. Shale Producers Oasis, Whiting to Merge in $6 Bln Deal
U.S. shale oil and gas producers Oasis Petroleum Inc OAS.O and Whiting Petroleum Corp WLL.N will merge in a $6 billion deal, the companies said on Monday.
Oil Shale
OPEC Meet with U.S. Shale Executives at U.S. Energy Conference as Oil Prices Skyrocket
Officials from the Organization of the Petroleum Exporting Countries on Monday met with executives of several top U.S. shale oil companies at a top U.S. energy …
Oil Shale
U.S. Shale Oil Output to Climb for First Time in 3 Months in June - EIA
U.S. oil output from seven major shale formations is expected to climb by 26,000 barrels per day in June to 7.73 million bpd, the first rise in three months, th…
Oil Shale
U.S. Shale Oil Output to Drop 136,000 bpd to 7.44 million bpd in Jan – EIA
U.S. oil output from shale formations is expected to decline by about 136,000 barrels per day in January to 7.44 million bpd, the lowest since June, the U.S. En…
Oil & Gas Trade
To Ensure Russia Has not Lost Market Share, Moscow to Build up Half-Finished Oil Wells
Russia believes it is extremely important to quickly regain, or even raise, its oil market share once demand recovers, as it readies to build up its fleet of un…
Oil Shale
EIA Forecasts U.S. Shale Oil Output Decline of 93,000 Barrels a Day in July
Crude-oil production from seven major U.S. shale plays is forecast to decline by 93,000 barrels a day in July to 7.632 million barrels a day.
Oil Shale
No One Expected U.S. Shale Oil Output Cuts to Happen So Fast
In brokering the end to the global oil-price war last month, the Trump administration assured leaders that America’s shale patch would throttle back production…
Oil Shale
Top US Shale Producer Sees Oil Price Recovery Continuing
Pioneer natural resources, a U.S. shale oil producer, expects prices to return to at least $45 a barrel this year.
Oil Shale
Exxon, Chevron Slam Brakes on Shale as Oil Demand Tumbles
Exxon Mobil Corp and Chevron Corp are slamming the brakes on U.S. shale oil production at a time when crude prices and fuel demand have plunged due to global …
Oil Shale
U.S. Shale Production To Drop By Record Amount In April
The EIA expects U.S. shale oil production to drop next month to 8.526 million barrels per day in the seven most prolific shale basins in the United States, acco…
Oil Shale
U.S. Shale Company Whiting Becomes First Major Bankruptcy of Oil-Price Crash
Whiting Petroleum Corp filed for Chapter 11 bankruptcy, the U.S. shale producer said on Wednesday, the first publicly traded casualty of crashing crude oil pric…
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