A new discovery in the Permian Basin is challenging the narrative that shale oil and gas in the United States is declining.

Four miles beneath the Permian Basin's arid Texas terrain, advanced drilling has revealed 1.6 billion barrels of oil locked ...

Developing shale basins include the Vaca Muerta in Argentina and the Diyarbakir basin in Turkiye.

The USGS found 1.6 billion barrels of new oil reserves in the Permian Basin. But the ‘massive' discovery presents new ...

The USGS said the Woodford and Barnett shale formations contain an estimated 28.3 trillion cubic feet of technically ...

Exxon Mobils shale-focused subsidiary, XTO Energy, is seeking buyers for a portion of its oil and gas assets in the Eagle ...

A recent U.S. Geological Survey assessment of previously undiscovered gas and oil in Texas' Permian Basin has found that ...

Explore the differences between shale oil and conventional oil, including extraction costs and methods, and how these impact oil market profitability.

Shell is reportedly considering a partial or full exit from Argentina's Vaca Muerta shale play as part of a broader portfolio reshaping under its new strategic direction.

Jafurah is projected to deliver up to 2 Bscfd of gas by 2030, yet that would only displace roughly 334,000 bpd of oil ...