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Diamondback Energy, the largest independent oil producer in the Permian Basin, says production has likely peaked in America’s shale fields and will decline in the months ahead.  

Drilling in the U.S. shale patch declined at the fastest pace in almost two years as mounting international trade tensions threaten to stifle energy demand.

U.S. oil production will decline if the corporate-acquisition spree sweeping the shale sector is prolonged, according to a Federal Reserve Bank of Dallas survey.

Drilling in the U.S. shale patch dropped to the lowest level in almost 2½ years as operators vow to make good on promises to investors for subdued production growth this year.

Shale explorers are drilling wells faster than they’re fracking them, a strong signal that U.S. oil production growth is slowing.

The chorus is growing from America’s oil executives for President Joe Biden to throw the federal government’s weight behind an industry he once deliberately shunned: U.S. shale.

After years of booms and busts that produced astronomical losses along with a whole lot of oil, the fracking industry seems to have found a sweet spot. It’s poised to generate more than $30 billion of free cash this year.

Shale investors have been demanding more consolidation in the U.S. oil patch. But not exactly a deal like this one.

These past five years could very well go down as the best years that U.S. shale oil exporters will ever see.

Range Resources Corp. is selling its Louisiana shale fields for about one-tenth of what it paid for them just four years ago as depressed natural gas prices hammered the heavily indebted driller.