Horizontal drilling technology allows companies to turn their wells underground to follow the oil and gas along the length of a shale layer instead of just straight ... oil shale beds in the world lie ...

Once a relatively rare presence in the US oil industry, firms overseeing the assets of ultra-rich families — including the ...

Crude oil production from Permian basin. Other shale ... The largest gas play in the U.S., the Appalachian which includes the Marcellus shale, will actually have fallen a bit from 36 Bcfd pre ...

As of July, Exxon, Diamondback Energy and Occidental Petroleum cranked out a similar share of the basin’s output. A telltale sign of shale’s ... a marketplace for oil and gas assets, said ...

As a result of the oil ... Basin. But unlike Ghawar, Permian production is growing rapidly. This is primarily because much of the Permian consists of multiple layers of oil and gas bearing strata ...

The Marcellus Shale holds 262,000 trillion liters of natural gas, enough to power America for centuries. Discover its impact ...

UK supermajor BP has discovered that some of its US shale oil reservoirs ... the returns inside the gas (plays) now beat the returns inside the oil basins." ...

The U.S. leads in oil, gas, and LNG exports ... per day (BPD), driven by the shale revolution. Technological advancements in ...