Lower oil prices are expected to precipitate a decrease in crude output that won’t easily be reversed.

Ohio officials have confirmed that a recent series of small earthquakes in Southeast Ohio are tied to oil and gas activity in ...

U.S. shale oil hedging remains historically low despite a recent uptick, with only 25.7% of 2025 output hedged.

LONDON, GREATER LONDON, UNITED KINGDOM, May 14, 2025 /EINPresswire.com/ -- The global jacking oil pump market is showing signs of strong growth and is anticipated to surge from $1.21 billion in 2024 ...

An assessment by the US Geological Survey reveals potential undiscovered oil and gas in two formations under much of the US ...

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U.S. shale producer Diamondback Energy lowered its output forecast for 2025 on Monday and said that a combination of global economic uncertainty and rising OPEC+ supply has brought U.S. oil production ...

EOG Resources purchased the 30,000-net-acre block that includes at least 120 locations for 3-mile laterals from little known Arrow S Energy Operating.

Baker Hughes said oil rigs fell by four to 479 this week, while gas rigs rose by two to 101. Story continues below this ad In the Permian in eastern New Mexico and West Texas, the nation’s biggest ...

Dear Letters Editor, North Sea oil production does not guarantee cheaper ... translate to lower fuel prices for UK consumers. Shale gas production in the UK is unlikely to significantly lower ...

By Stanley Reed Reporting from London Oil prices are falling ... Under such pressures, producers with higher costs, like shale drillers in the United States, which have been increasing output ...