Despite doubling per well output since 2019, the Permian’s rig rate gains are slowing and decline curves are steepening, ...

The idea of peak oil is familiar to most readers. It refers to the point at which global petroleum production reaches its maximum point and begins an irreversible decline. Turning to the United ...

Less than 20 years ago, the industry was focused on peak oil supply, the idea that existing fossil fuel reserves would not meet surging global demand. Rising energy prices and bullish investors ...

The EIA projects U.S. crude oil production to peak at approximately 14 million bpd in 2027. Shale oil production in the U.S. is also expected to peak in 2027. After the peak, U.S. oil production ...