Rystad Energy

News

Schlumberger, Halliburton and Baker Hughes shift focus overseas and away from U.S. shale as domestic revenues dry up.

Oil production in the U.S. is expected to stabilize at about 11 million bbl/d after recovering from a low in June.

Once the most adventurous aspect of the business, exploring for new oil and gas fields is now one of the most controversial.

The running rate of frac activity in the Permian has shifted from 15 to 20 wells per week in May and June, to 40 to 45 wells per week…

The number of oil and gas wells to be drilled globally this year is expected to plunge to the lowest level since at least the…