Production optimization directly improves oilfield profitability by increasing sustained oil and gas output from existing wells, reducing lifting costs, accelerating cash flow, and lowering emissions ...

The U.S. oil production reached a new record high in 2024, surpassing the previous record set in 2023. Technological advancements, including precision fracking and enhanced recovery techniques, have ...

US shale oil production growth in 2023 was overstated due to EIA's inaccurate data, leading to inflated growth expectations for 2024 and 2025. Associated gas production is outpacing crude production, ...

The World’s June oil production increased by 895 kb/d to 84,184 kb/d. For December 2026, production is projected to be 85,538 b/d, an upward revision of 853 kb/d from last month. World oil production ...