Shale Oil

Athabasca and Cenovus have established a joint venture to target the Kaybob Duvernay shale play in Alberta, Canada.

Over the last decade, the US has achieved the remarkable feat of becoming the world's leading producer of crude oil, surpassing longstanding leaders Saudi Arabia and Russia.

The shale plays are currently experiencing a surge in merger and acquisition activity. What implications does this frenzy hold for the future of US oil production?

Yacimientos Petrolíferos Fiscales (YPF), Argentina's largest oil and gas operator, has revealed a comprehensive four-phase strategy centered on the Vaca Muerta shale formation, aiming to quadruple the company's value in the coming years.

Both US energy majors have defied market expectations by surpassing earnings forecasts, with a notable contribution from larger-than-anticipated oil output from shale fields.

US energy major has announced its decision to sell its natural gas business in Canada's Duvernay Shale, a strategic move aligning with its global operational streamlining efforts.

Freezing temperatures and an Arctic blast have paralyzed the state’s oil and gas production, causing a significant decline in output.

US shale plays Bakken production region of North Dakota, crude oil reigns supreme.

The Chinese state-owned firm has announced the certification of further deep tight-gas reserves in the Sichuan Basin, signifying a significant development in the region's energy landscape.

Vaca Muerta (“Dead Cow” in Spanish), a prominent oil shale region in Argentina's Neuquen basin, concluded 2023 with a historic achievement, witnessing a record-breaking 14,722 fracture stages completed by operating companies.