Oil companies drilling in Texas’ Permian Basin are having to adapt to falling output as acreage with … [+] the “top rock” runs out. (Photo by Spencer Platt/Getty Images) Getty ...
Tag: shale oil
The Productivity Decline In Shale Oil Basins Is Illusory
One of the major uncertainties about next year’s oil market centers on the trend in U.S. shale oil production. Because shale drilling is highly responsive to prices and wells decline sharply, producti...
Potential Of Peak Shale Puts Oil Market On Edge
ODESSA, TEXAS: An oil pumpjack setup pulls oil from the Permian Basin oil field on March 13, 2022 in … [+] Odessa, Texas. United States President Joe Biden imposed a ban on Russian oil, the worl...
Why U.S. Shale Producers Aren’t Riding To The Rescue Despite Tight Oil Supplies
In an aerial view of oil pumpjacks at work in the Permian Basin oil field in Crane, Texas. A … [+] tightening global ban on Russian oil and other geopolitical realities may mean that oil produce...