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 ...

Top executives at major shale firms have already expressed opinions that Permian oil production could hit its peak as early as the end of this decade. To be sure, crude oil output in the top basin ...

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 ...