Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. Oil and gas fields, no matter how productive, eventually decline.

The U.S. tops the list for technically recoverable tight oil resources, while China leads in shale gas reserves. Challenges in developing shale gas include water availability, particularly in dry ...

New Mexico added three rigs in the last week for a total of 103 drillings operating as of Feb. 9, according to Baker Hughes. That's eight less than the total of 109 rigs reported on the same date last ...

Total rig count falls six to 578, oil down five, gas steady Gulf of Mexico rig count drops to lowest since September 2021 Permian shale rig count hits lowest since December 2021 May 9 (Reuters) - U.S.

Crude prices lingering below $65 are benefiting U.S. consumers at the pump, but they’re squeezing shale producers. Key shale players like Diamondback, Liberty, and Coterra are cutting production, ...

Forbes contributors publish independent expert analyses and insights. I analyze petroleum economics and energy policy. The war in the Middle East has focused a lot of attention on the U.S. energy ...