ConocoPhillips and Concho Resources have announced that they have entered into a definitive agreement to combine companies in an all-stock transaction for a total of $9.7 billion in an attempt to further consolidate t...
As US natural gas prices collapse to 1990s-era lows, producers in four shale plays have halted the drilling, yet production is not on decline, reported Bloomberg. Surging output has sent gas futures tumbling, while ex...
U.S. shale oil production is expected to fall by above 600,000b/d in January 2016 as oil prices remain slashed to seven-year low, according to the US Energy Information Administration’s Drilling Productivity Rep...