Sunday, May 17, 2026

Big Oil Companies Roll Up Shale Plays, Just in Time

Shale consolidation becoming prevalent From the Houston Chronicle The great shale oil consolidation is underway, and it’s happening just in time for the new challenges ahead. For the past decade, dozens of small, independent oil companies have perfected hydraulic fracturing and horizontal drilling to break oil out of Texas shale. They succeeded beyond their wildest dreams. The U.S. pumped a