The US shale oil industry's shift towards prioritizing profitability and shareholder returns reduces its vulnerability to political influence. Market factors, such as oil prices and investor ...
This is the Marcellus shale, a family of rocks rich in fossil fuels. For Mr Wyman, owner of a local crane company, it is a site of deep reverence. “You only ever see bits and pieces of the ...
SINGAPORE, Oct 16 (Reuters) - Sinopec (600028.SS), opens new tab is advancing development of shale oil at its pilot project Jiyang in east China, pumping 1,600 metric tons per day now, up from 100 ...
More consolidation in the US shale sector is needed to cope with soaring costs to identify and exploit untapped oil reserves, according to Kimmeridge Energy Management Co. So-called finding and ...
U.S. Silica Holdings, Inc. is a producer of commercial silica, a specialized mineral that is a critical input into the oil and gas proppants end market and a variety of attractive industrial and ...
China’s Sinopec has boosted oil production at a shale field from 100 tons per day in 2021 to 1,600 tons per day this year, the company said, as quoted by Reuters. One metric ton of crude oil is ...
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Magnetic media degrades over time, requiring significant emissions, energy, and cost to safely store long-lived data. Project Silica is developing the world’s first storage technology designed and ...
Senior Vice President and Director of Research, Federal Reserve Bank of Dallas The "shale revolution" has stimulated tremendous production of oil and natural gas in the United States. The ...
This year’s reduction in drilling and fracking, combined with the push to max out efficiencies, are seen lowering per-well costs for shale operators by 6.3%, Enverus said Tuesday in a report.