The average productivity of new wells in the Permian basin is set to hit a record high in 2022, breaching 1,000 boe/d due to a surge in lateral well length, according to Rystad...
Despite a wave of financial adversity that has tormented US onshore E&P companies lately, Rystad Energy does not view this as a harbinger of doom for the shale industry’s future...
Crude oil production from horizontal wells increased at a higher rate year-to-year during the second quarter than for horizontal wells producing natural gas in the Buckeye State...
Husky Energy Inc., Calgary, reported it has started production at its Dee Valley thermal project in Saskatchewan, the second of six 10,000-b/d thermal bitumen projects to be brought...
There is considerable potential to increase oil production from the Bakken shale to at least 2 million b/d from its current 1.44 million b/d, but flaring regulations and infrastructure...
Appalachian oil and gas activities are continuing to contribute to the US energy renaissance both in terms of rising tight-gas production and by improving petrochemical opportunities...
