Wednesday, January 22, 2025
Oil & Gas 360

Shale Companies, Adding Ever More Wells, Threaten Future of U.S. Oil Boom

From The Wall Street Journal Shale companies’ strategy to supercharge oil and gas production by drilling thousands of new wells more closely together is turning out to be a bust. What’s more, the approach is hurting the performance of older existing wells, threatening the U.S. oil boom and forcing the maturing industry to rethink its future. To maintain America’s status as an