You Searched For "Shale" and got 20 results
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1 min read
Legendary oil mogul Harold Hamm eyes the next stage in the US shale oil boom: 'Generation 3' rock
"That's to deal with the tough rock that contains a lot of things that heretofore we weren't able t…
Filip De Mott
1 min read
Oil prices could jump 17% by summer as crude has now bottomed out, top shale CEO says
"The question is when do we break out? I predict sometime this summer we'll break past $80 WTI on t…
Phil Rosen
1 min read
Oil prices reverse higher as US inventories dive while energy giant says OPEC+ output boost isn't enough
The international oil alliance will increase production by 648,000 barrels per day for the two summ…
Phil Rosen
1 min read
Natural gas prices in Texas shale country just turned negative amid booming production
At the Waha hub in the Permian Basin, gas for next-day delivery sank to negative $2 per million Bri…
Brian Evans
2 mins read
Sand for fracking is now 3 times as expensive as it was last year, and it's one of several reasons US oil production isn't increasing
The familiar challenges of labor shortages and transportation constraints are combining with invest…
Dominick Reuter
2 mins read
Soaring oil prices usually boost the S&P 500. Why that might not be the case this time around, according to Bank of America
Budget tightening by US oil companies stands to serve as a headwind for the S&P 500, the investment…
Carla Mozée
1 min read
Top US shale producer is so confident oil prices will keep rising that it just ditched nearly all hedges
Pioneer Natural Resources said the move will cost $328 million, which will be spread out over the c…
Isabelle Lee
2 mins read
The US shale industry can't step up oil and gas output fast enough to rescue Europe this winter, its bosses say
"It's not like the US can pump a bunch more. Our production is what it is," a top shale investor to…
Zahra Tayeb
2 mins read
An investment firm that made big bets on the US shale boom is courting investors for clean energy SPACs
Riverstone's most successful past deals have been in oil and gas - and some of its previous clean-e…
Ethan Wu
1 min read
Big American shale producers are reportedly selling oil at a loss despite soaring crude prices
Nearly a third of US oil output is being sold at $55 a barrel, and some especially unlucky producer…
Ethan Wu
2 mins read
US shale producers could be facing over $10 billion in hedging losses even as oil prices hover around $100 a barrel, Rystad Energy says
US shale oil producers have 46% of their expected crude oil output hedged at $55 a barrel, way belo…
Zahra Tayeb
2 mins read
The US shale oil industry could collapse unless oil prices bounce back soon, a think-tank warns
IEP added that these markets were already suffering from Russia and Saudi Arabia's price war who co…
Saloni Sardana
2 mins read
US oil hits highest since OPEC began price war against shale producers
The oil market deficit will only get wider due to low stockpiles, an incoming cold winter, and surg…
Isabelle Lee
2 mins read
US shale oil giant Chesapeake Energy files for bankruptcy as the coronavirus crisis claims another energy victim
Founded in 1989 in energy-state Oklahoma, the company has long battled a debt-laden history but cam…
Shalini Nagarajan
1 min read
Reliance subsidiary to sell all of its upstream assets in Marcellus shale play for $250 million
These assets, which are currently operated by various affiliates of EQT Corporation, have been a…
2 mins read
Tiny hedge funds gained as much as 500% last quarter as their bets against US shale paid off
Saltstone Capital, Kalkriese Capital Partners, and Exo Trading posted big gains as oil prices tanke…
Theron Mohamed
1 min read
US shale producers aren't cashing in on soaring oil prices as skittish investors shy away from new drilling projects
Skittish investors - burned before by shale drillers who had aggressively ridden past oil booms - a…
Ethan Wu
3 mins read
This is the beginning of the end for US shale oil
In the week ended February 5, production slipped below its year-ago level for the first time in fou…
Akin Oyedele
2 mins read
The shale slowdown is here
"The findings echo similar points made by two analyses earlier this week. The US Energy Information…
Akin Oyedele
2 mins read
OPEC: The US shale boom is over
More global players have entered the scene in recent years, however, notably US shale producers, wh…