The Permian Basin, an oil and gas field that straddles Texas and New Mexico, was thought to have run dry until hydraulic fracturing, or fracking,…View More Is the golden age of American shale over?
made a “significant” gas and condensate discovery in the Browse Basin off the North West Coast of Western Australia. – Denbury Resources (NYSE: DNR) agreed…View More Bullish Sentiment Keeps Oil Above $60
Investments by exploration and production firms in shale and tight oil are slated to drop by almost 12% in 2020 … Investments in the Middle…View More Shale, Tight Oil Investments to Fall 12% in 2020; Global Deepwater Rising
However, with money declining in shale, the deepwater industry is the only segment of the oil and gas sector that’s expected to grow by 5…View More Shale spending to fall 12% in 2020: Report
“Ongoing evaluation of the of the Kyalla 117 N2-1 vertical appraisal well is very encouraging,” said Philip O’Quigley, Falcon chief executive Falcon Oil & Gas…View More Falcon Oil & Gas says horizontal drilling has started in Kyalla shale well
The company has been pumping over 3 million bpd of oil equivalent for a year now. Yet unlike pure-play shale producers … the Wheatstone LNG…View More The Best And Worst Oil Majors Of 2019