Skip to main content
Industry News
Moderate growth in US shale production expected in 2021

OPEC and US oil companies expect shale production to recover only modestly this year despite higher oil prices, which could swing global energy markets in favor of OPEC and its allies. "In this new era, (shale) requires a different mindset," said Chesapeake Energy CEO Doug Lawler, adding, "It requires more discipline and responsibility with respect to generating cash for our stakeholders and shareholders."

Full Story: