Oil shale is a type of sedimentary rock formation that is used to produce oil ... The production process for oil shale is usually more expensive and capital-intensive than conventional crude oil.

Rising costs are impacting new oil production, but shale projects and certain ... while deepwater has a slightly higher average CO2 intensity of 15 kg per boe. The oil sands sector again ...

According to data from oil service provider Baker Hughes, the number of active oil rigs in the US fell by a further six last ...

The shale macro. We are about 15 years into a complete upheaval in global oil production dynamics, as noted in the EIA graphic below. You can see that, commencing in 2012, the upward slope that ...

JPMorgan estimates that U.S. crude oil production will grow by 3.6% between now and the end of the decade to reach about 13.5 million barrels a day. That compares to a roughly 13.4% increase in ...

The slowdown in shale production growth is not new, however, with US oil liquids production growth—of which a major driver is shale—decelerating in recent years. We recently lowered our US oil liquids ...

Oil drillers in the U.S. shale heartland are slowing down operations, a sign that OPEC's high-stakes price war is starting to pay off, but Saudi Arabia will need to exert a lot more pain to make a ...

The U.S. is a key player in the world of oil production, producing several key types of oil in 32 of 50 states, averaging 16.6 million barrels per day in 2023. This amounts to an annual production ...

Intensity Infrastructure Partners LLC, Tulsa, Okla., and Rainbow Energy Center LLC, Bismarck, ND, have partnered to develop the previously announced Intensity gas pipeline from Bakken shale to eastern ...

Recycled cash allowed Devon to meaningfully pivot toward the Delaware and enjoy newfound exposure in the Bakken. Previously, Canadian heavy oil and the Barnett Shale made up 40%-50% of its production.

In 2024, Shengli’s shale oil production exceeded 500,000 tonnes. Spanning 7300 square kilometres in Shandong province, the Jiyang shale oil asset is part of China’s broader strategy to harness ...