Earlier predictions of "peak shale" have shifted, with US shale drillers now signaling continued growth due to improved efficiency. The Energy Information Administration (EIA) has revised its ...
Incoming President Donald Trump and his team have suggested that by expanding drilling, oil production might rise by 3 million barrels/day (mb/d), bringing down prices and thus U.S. inflation. This is ...
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U.S. Drillers Say Peak Shale Has Arrived
President Trump, who promised to uplift oil and gas, is set to preside over a decline in shale production. Drillers that made the U.S. the world’s top oil producer say they are hitting the brakes to ...
Shale well decline rates are accelerating, and production is expected to plateau or even decline soon. Upstream oil and gas companies are merging and acquiring assets to improve their long-term shale ...
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