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 ...

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 ...

The oil patch defied expectations over the past year by weathering low crude prices with record-breaking production. But big ...

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 ...

This image from September shows the Wehr Spring Valley Farm oil and gas well in Ellsworth. It achieved good results in its first three months of production, increasing interest in Mahoning County by ...

U.S. oil output hit a record 13.84M barrels per day in September. New Mexico, Alaska and Oklahoma drove monthly production gains. Offshore Gulf production reached its highest level since 2020.

U.S. October oil production increased by 31 kb/d to 13,870 kb/d, another new record high. Texas’ October production decreased by 45 kb/d to 5,753 kb/d, according to the EIA, and is 87 kb/d lower than ...

Crude oil production in the United States is booming, reports Poten & Partners in its weekly opinion. According to the U.S. Energy Information Administration, U.S. Field Production of Crude Oil ...

Electra, Texas, April 03, 2023 (GLOBE NEWSWIRE) -- American International Holdings Corp. (AMIH), (“AMIH” or the “Company”), a diversified holding company, has received its first Quarterly Field ...

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 ...

CRAWFORD COUNTY — Bill Rosborough and his son Jon stopped their pickup truck near a 40-acre cornfield and pointed to a white PVC pipe that rose 5 feet from the snow-covered ground on a windy December ...