A new discovery in the Permian Basin is challenging the narrative that shale oil and gas in the United States is declining.

Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. Chantell Dunbar-Jones remembers when her hometown of Lewisville, Arkansas, seemed to ...

The updated assessment, which also includes reserves in South Dakota, found that the formations contain an estimated mean of 7.4 billion barrels of undiscovered, technically recoverable oil. According ...

Texas, US-based IPR Energy Group (IPR) has made an oil discovery with its West AY-1X exploration well onshore Egypt, and the operator is already considering further wells to exploit the same sand. The ...

DICKINSON, N.D. - The North Dakota Department of Mineral Resources released details this week about an oil formation in southwest North Dakota believed to be similar to the Bakken, and leasing has ...

Total signed today an agreement with Lukoil creating a joint venture (JV) to explore and develop the tight oil potential of the Bazhenov play in Western Siberia. Total will hold 49% of the JV and ...

WASHINGTON, April 30 (Reuters) - An oil-rich region of the north-central United States holds more than twice the recoverable crude supplies estimated just five years ago, according to a government ...