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.

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The U.S. Shale industry has seen a record wave of consolidation. After the COVID, oil prices surged and buyers were eager to secure the best drilling locations. Sources who requested anonymity because ...

The U.S. shale revolution is over and large gains in production from now on are unlikely. The verdict comes from the chief executive of Quantum Energy Partners, Wil VanLoh, who suggested that ...

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One of the top investors in US oil and natural gas companies says the nation’s shale producers are no longer in a position to aggressively ramp up output and give consumers a break on energy prices.

“The US shale revolution has run its course,” Wil VanLoh, chief executive officer at Quantum Energy Partners LLC, said Monday in an interview on Bloomberg Television.

But in the eastern part of the country, that process did not have a significant impact in the extraction of oil and natural gas from shale and other rock formations until near the turn of the 21st ...