The EIA forecasted U.S. shale production to rise by 600,000 bpd this year, but with crude prices below $80 per barrel, production may not rise as expected
According to the EIA’s latest report, Permian oil production is set to hit a record high in October, with other plays in the Lower 48 increasing or maintaining production
U.S. shale drillers are publishing the most impressive earnings reports in history, but the sector doesn’t seem to be moving towards an aggressive expansion in drilling activity