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Shale news

 
 

Rystad Energy: US shale is not going bankrupt

Rystad Energy said that it expects further acreage restructuring and M&A activity in the industry, but emphasises that many operators have managed to combine production growth with balanced spending and debt reductions.

 

Rystad Energy predicts US shale supply to peak around 2030

US Light Tight Oil (LTO) represented less than 1% of global oil supply nine years ago but now represents close to 10% of total global oil supply, a percentage which is expected to continue its ascent going forward.

 
 

Blockchain to be implemented in Bakken shale field

The OOC Oil & Gas Blockchain Consortium, whose members include Chevron Corp., ConocoPhillips, Exxon Mobil Corp., Equinor and Royal Dutch Shell, has awarded a contract to Data Gumbo to pilot blockchain technology for water handling services.

 
 

Airswift expands Denver presence

The company's new office will focus on talent acquisition and global mobility as the area continues to expand on the back of the Rocky shale boom.