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EOG Resources

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Sometime in 2018, the US oil industry will do something it has not done in almost 50 years - produce more than 10 million barrels of oil in one day. (AFP)
January 31st, 2018 - 12:14 GMT

First Time in 50 Years: US Oil Production to Hit 10 Million Barrels a Day

Sometime in 2018, the US oil industry will do something it has not done in almost 50 years - produce more than 10 million barrels of oil in one day.
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"Everybody gets a little more imaginative, because they need to," says Hans-Christian Freitag, vice president of technology for the drilling services company Baker Hughes.
March 25th, 2015 - 05:39 GMT

Shale won't go stale: US drillers have decided to fight OPEC back

Chief executives say they are taken aback by the scale and speed of the cutbacks
February 25th, 2015 - 07:25 GMT

US shale goes on a 'crash diet'

The shale revolution has been driven by hundreds of disparate U.S. companies drilling thousands of new wells.
October 16th, 2014 - 11:29 GMT

Wishful thinking: is Saudi Arabia slowly, but maturely, winning the global oil price war against the US?

Al Bawaba
March 27th, 2001 - 02:00 GMT

John S. Herold chairman comments on oil stock valuations

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