Shale News Updates

Business, Fuel

US Shale Drilling Sees Sharpest Drop Since 2023

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.

April 11, 2025
Business, Fuel

Shale Executives See Takeovers Squeezing US Oil Production

U.S. oil production will decline if the corporate-acquisition spree sweeping the shale sector is prolonged, according to a Federal Reserve Bank of Dallas survey.

June 26, 2024
Business, Fuel

Shale Drilling Slides to Lowest Level of Activity Since 2022

Drilling in the U.S. shale patch dropped to the lowest level in almost 2½ years as operators vow to make good on promises to investors for subdued production growth this year.

June 7, 2024
Business, Fuel

Shale Oil ‘Fracklog’ Resumes Expansion After Yearlong Hiatus

Shale explorers are drilling wells faster than they’re fracking them, a strong signal that U.S. oil production growth is slowing.

April 15, 2024
Government, Business, Fuel

Oil Executives Urge Biden to Unleash Shale

The chorus is growing from America’s oil executives for President Joe Biden to throw the federal government’s weight behind an industry he once deliberately shunned: U.S. shale.

March 4, 2022
Business, Fuel

After Blowing $300 Billion, US Shale Finally Makes Money

After years of booms and busts that produced astronomical losses along with a whole lot of oil, the fracking industry seems to have found a sweet spot. It’s poised to generate more than $30 billion of free cash this year.

June 18, 2021
Government, Business

Shale Drillers Puzzle Analysts With $7.4 Billion Merger

Shale investors have been demanding more consolidation in the U.S. oil patch. But not exactly a deal like this one.

May 25, 2021
Government, Business, Fuel, Logistics

Exports Boosted US Shale Market, but Long-Term Demand Uncertain

These past five years could very well go down as the best years that U.S. shale oil exporters will ever see.

January 12, 2021
Business, Fuel

Shale Driller Sells Gas Fields for Fraction of Purchase Price

Range Resources Corp. is selling its Louisiana shale fields for about one-tenth of what it paid for them just four years ago as depressed natural gas prices hammered the heavily indebted driller.

August 4, 2020
Government, Business, Fuel

US Energy Chief Shrugs Off Permian Oil Slowdown as ‘Pause’

The golden age of U.S. shale is far from over, with an expected slowdown in the Permian Basin likely to be temporary, according to new U.S. Energy Secretary Dan Brouillette.

December 18, 2019