Post Tagged with: "Shale drilling"

Source: Bloomberg

Shale drilling in Permian basin shrinks at fastest pace in three years

World Oil


(Bloomberg) – Operators in the Permian basin pulled back on rig use at the fastest pace in three years as the world’s most prolific shale basin shrinks amid consolidation and the slow return in oil demand.

Rigs targeting …

Source: Reuters

Shale drilling climbs to levels not seen since early pandemic

World Oil


(Bloomberg) — Shale explorers are searching for oil at rates not seen since the early weeks of the pandemic as high crude prices incentivize drilling.

 

 

Oil rigs operating in US fields increased by 6 this week …

Source: Reuters

Shale drilling climbs most in month as Biden calls for more oil

World Oil