Russian oil production is facing a significant decline due to global sanctions imposed after the invasion of Ukraine, which have denied Russia access to essential Western technology and equipment ...

InPlay Oil completes its acquisition with output nearing 20,000 BOED, well design, gas leverage and optimized acreage. See ...

Shale wells decline fast, forcing constant drilling—the “Red Queen” effect—with many losing 70–90% of output in three years. The IEA says global fields are depleting faster than thought, so most ...

FORT STOCKTON, TEXAS - MARCH 24: The sun sets behind a pumpjack during a gusty night on March 24, 2024 in Fort Stockton, Texas. Employment in Texas has reached record highs, with the oil- and ...

Crude oil production in the United States is booming, reports Poten & Partners in its weekly opinion.According to the U.S.

AUSTIN Statewide and county crude oil and natural gas production for March 2025 reported in the tables below came from 157,192 oil wells and 83,898 gas wells, a press release detailed. The RRC reports ...

U.S. January oil production decreased by 305 kb/d to 13,146 kb/d, 158 kb/d lower than December 2023. New Mexico’s December production dropped by 53 kb/d to 2,060 kb/d. Louisiana’s output entered a ...

HOUSTON, March 13 (Reuters) - Artificial intelligence is speeding up oil and gas drilling and prompting companies to take a second look at places they had viewed as too difficult or expensive to ...

A knee-high pipe sticking out of the ground not far from a school. A gurgle in a pond on rolling farmland. A patch of forest undergrowth hiding a long-forgotten, leaking oil well. Relics like these ...

AUSTIN Statewide and county crude oil and natural gas production for June 2025 reported in the tables below came from 160,541 oil wells and 84,090 gas wells, a press release detailed. The RRC reports ...