Element Petroleum News Today

Output from shale reserves is predicted to decrease in the coming months due to dwindling wells, a strategic shift among producers, and low oil prices deterring drilling activities.

Drillers in America’s most prolific shale play, the Permian, are finding it incredibly difficult to raise production as a result of rising costs and the unavailability of materials

The assumption that U.S. shale production can be increased at will is not one that stands up to scrutiny, with shale drillers facing a plethora of challenges

Shale production has plateaued and could be on the decline, contradicting expectations for substantial growth. See why these expectations simply cannot be met.