shale oil production

  • ConocoPhillips to buy Concho Resources in Landmark $9.7 B Deal

    ConocoPhillips to buy Concho Resources in Landmark $9.7 B Deal

    Tuesday, 20th October 2020

    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 the shale industry.

  • US Major Shale-Gas Producers Halt Drilling

    US Major Shale-Gas Producers Halt Drilling

    Sunday, 7th February 2016
    As US natural gas prices collapse to 1990s-era lows, producers in four shale plays have halted the drilling, yet production is not declining.
  • US Shale Oil Production Expected to Decline

    US Shale Oil Production Expected to Decline

    Tuesday, 8th December 2015
    U.S. shale oil production is expected to fall by above 600,000b/d in January as oil prices remain slashed to seven-year low, according to a U.S. government forecast.