U.S. Shale Challenges OPEC With Record Production In 2023
Despite challenges such as rising costs and shortages of drilling material, the U.S. oil industry is expected to break its 2019 production record later this year
Source: oilprice.com
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ExxonMobil: New Fracking Technology Can Double Oil Output
But shale giant ExxonMobil Corp. is now betting that shale producers can double crude output from their existing wells by employing novel fracking technologies
Source: oilprice.com
Can Refracs Boost U.S. Shale Output?
With the call for a boost in output growing louder, the debate around refracs is emerging again, and this time around, new techniques could help to stimulate old wells
Source: oilprice.com