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Analysts say the Permian could reach a production plateau within five years. → Read More
That’s where Steve Brock and his upstart sand-mining operation, Nomad Proppant LLC, come in. Since the early days of the shale revolution more than a decade ago, fracturing operators have relied on mined sand that’s delivered to their sites by truck — across distances as long as 100 miles. Brock, Nomad’s chief commercial officer, wants to turn that model on its head. His idea: Why not just use… → Read More
A tsunami of oil and gas from the technique called fracking has made the US the world’s biggest producer of both, giving the country the energy independence its leaders have sought for decades and upending the geopolitics of the world energy trade. Now, with the world crying out for more oil and gas, American frackers are theoretically in a position to provide it. Instead, they are riding the… → Read More
The recovery of the shale patch workforce is still years in the making despite the... → Read More
The world has spent a decade gorging on fuel from America’s shale basins, and oil... → Read More
(Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc. snapped up 18.1 million additional shares of Occidental Petroleum Corp., giving the conglomerate a... → Read More
The architects of the American shale revolution are following through on pledges to put investor returns above all else. → Read More
Such aggressive targets from the Western world’s largest oil majors are a surefire sign... → Read More
Major shale-oil drillers are dreading the prospect of $100-a-barrel crude on fears it... → Read More
Billionaire oil wildcatter Harold Hamm has set aside hundreds of millions of dollars to... → Read More
This time, the surge is being driven by private operators, rather than the publicly... → Read More
America's oil producers are boosting output at a slower place as record costs hammer the... → Read More
Cimarex Energy Co. Chief Executive Officer Tom Jorden on Wednesday became the latest to bristle at President Joe Biden’s call for more oil production from OPEC, rather than from homegrown shale companies like his. → Read More
Stability, green shift among reasons for leaving oil work → Read More
Callon Petroleum Co. disappointed investors with its biggest-ever acquisition aimed at... → Read More
With more consolidation brewing in the largest U.S. oil patch, the boss of one of the... → Read More
Devon Energy Corp. and ConocoPhillips are among potential suitors studying Royal Dutch... → Read More
Halliburton Co., the biggest provider of fracking services, is gearing up for several... → Read More
Tiny oil company Torchlight Energy Resources Inc. saw its shares more than double in a... → Read More
Obscure oil company Torchlight Energy Resources Inc. saw its shares more than double in a week after it became the latest stock touted on Reddit as a possible short squeeze. → Read More