Crude oil prices edged higher Tuesday, as the oil market's response to OPEC+'s larger than expected production increase remains muted, with traders saying physical markets remain tight due to seasonal ...

Decline curve analysis has been called the most commonly used and misused technique for forecasting future production and remaining reserves. This course will give the learner a better ...

March 7 (UPI) --Offshore oil and gas production has a lower carbon footprint than other extraction methods and the sector is primed for hundreds of billions of dollars in new investments ...

Per Magnus Nysveen, Rystad Energy, Oslo, Norway. Shale oil production in the US and Canada added one million barrels to domestic production over the last year. Current activity may bring North ...

Oil forecasting technique adapted for spreadsheets may cut shale operator costs 3D reservoir models predict the amount of oil in shale wells, but they are usually very complicated and slow ...

In 2024, the oil and gas markets were shaped by several significant trends including shifting demand, geopolitical turmoil and rising production. As the two key oil benchmarks (Brent and West ...

America’s oil and gas production hit record highs at the end of 2023 and continues to be close to all-time highs, but growth has slowed down in oil output while gas production has started to ...