Shale Oil Production

EXXONMOBIL SHALE OIL PRODUCTION: Utilizing SuperFracks By Running Faster & Faster To Stay Alive

ExxonMobil is counting on using SuperFracks to increase its Permian shale oil production… or that’s the hope.  This is a terrible sign because these SuperFracks may add more production on the front end, but the decline rate at the backside is much more severe.  As ExxonMobil pumps in a record amount of fracking sand…

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Top Shale Oil Fields Lost Half Billion Barrels Of Oil Production Per Year

The top four U.S. shale oil fields lost more than a half-billion barrels of oil production since their peak.  At the current oil price, that’s a loss of $30 billion a year of oil revenues.  Just think about that for a minute.  The oil production loss from these top four shale fields would have supplied the United States…

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U.S. Shale Oil In Trouble As Production Stalls After Two Years Of Significant Growth

Has U.S. shale oil production stalled?  Well, it seems so.  After experiencing significant growth in 2017 and 2018, U.S. shale production in the first five months of this year has remained flat.  This is terrible news for the shale industry which has counted on production growth to increase cash flows…

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