The U.S. oil industry received a strong signal this week about how damaging low oil prices can be for domestic drilling. One ...

Harold Hamm, the billionaire wildcatter who helped kick off the US shale oil revolution, said he’s about to shut down drilling in North Dakota’s Bakken for the first time in decades because of low ...

Texas oil companies like Exxon are shedding assets as oil prices soften and production costs rise, pressuring producers to ...

The S&P 500 Energy Sector is up 6.8% YTD, supported by geopolitical risk premium.

Falling oil prices squeeze profit margins as North Dakota loses drilling pioneer’s rigs ...

Famed oil driller Harold Hamm said he will shut down his company's drilling in North Dakota's Bakken shale for the first time in decades because operations are not worthwhile at the current price of ...

Drilling in the U.S. shale patch declined at the fastest pace in almost two years as mounting international trade tensions threaten to stifle energy demand. The number of U.S. rigs drilling for crude ...

American companies seek opportunities in Venezuela, the Middle East and Australia as domestic shale output plateaus ...

Directional drilling in shale formations is applied to place long horizontal laterals precisely within thin, mechanically favorable target intervals, enabling multi-stage stimulation and economic ...