Post Tagged with: "U.S. shale patch"

Shale drilling decreases amid U.S. oil industry consolidation, shareholder returns

Shale drilling decreases amid U.S. oil industry consolidation, shareholder returns

World Oil


(Bloomberg) – Drilling in the U.S. shale patch dropped to the lowest level in almost two-and-a-half years as operators vow to make good on promises to investors for subdued production growth this year.

The number of U.S. rigs …