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Wildcatter Harold Hamm Says Shale Needs $80 Oil for Costly Fields

By David Wethe and Alix Steel Harold Hamm, the billionaire wildcatter and a major donor to President Donald Trump, has challenged a claim from the new US energy secretary that domestic oil companies could increase production even at prices as low as $50 a barrel. Hamm’s words represent one the first signs of public push-back …

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AI Leading to Faster, Cheaper Oil Production, Executives Say

Artificial intelligence is speeding up oil and gas drilling and prompting companies to take a second look at places they had viewed as too difficult or expensive to develop, executives detailed during the CERAWeek conference in Houston. AI took center stage in many sessions at the world’s largest energy gathering. Oil producers are seeking ways …

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