Shale Oil

South American oil producer is experiencing a profound energy shift, with the Vaca Muerta shale formation at its core.

Amid prevailing concerns over the US shale sector's future, recent developments offer a nuanced perspective.

As summer's scorching grip tightens and Labor Day nears, the rise in gasoline prices is casting a shadow over plans for beach trips, barbecues, and back-to-school shopping.

Vaca Muerta shale is significantly impacting Argentina's energy landscape and economic prospects.

The US Energy Information Administration projected a decline in US shale-oil output from 9.435MM b/d in Aug. to 9.415MM b/d in Sept.

The South American major producer’s oil and gas sector is primed for robust investments, projected to exceed $10.7B in 2023—a significant 18% surge from last year.

Explosive growth of shale production in the past decades has reshaped U.S. energy security, countering fears of scarcity.

Output growth in the US shale patch is set to be the slowest in six months, attributed to lower oil and gas prices and rising costs.

The U.S. is on track to achieve a new annual oil production record, currently producing 12.4MM b/d, thanks to the growth in tight oil and shale gas regions.

In 4Q 2022, the shale industry is estimated to have allocated 42% of its generated cash towards capital expenditures, 22% towards dividends, and 21% towards share repurchases and paying down debt.