U.S. shale production is leveling off, prompting American fracking companies to explore opportunities overseas in emerging shale basins, leveraging their experience and technology. Countries like Argentina and Australia are eager to tap into unconventional resources with the help of U.S. expertise and service providers.

American shale drillers are exporting their knowledge to projects in South America, the Middle East, and Australia, seeking growth beyond U.S. shale. Despite a projected plateau in U.S. crude oil production, American companies are expanding internationally to develop new opportunities and increase output.

Low oil prices have led oil tycoon Harold Hamm to halt drilling operations in North Dakota, but his company, Continental Resources, is now focusing on unconventional field drilling in Turkey and Argentina. Continental Resources has signed agreements to develop oil and gas resources in Turkey, with promising reserves in the Diyarbakir and Thrace basins.

Continental Resources is also expanding its presence in Argentina’s Vaca Muerta shale play, where oil and gas production is booming. The company’s CEO sees Vaca Muerta as one of the most compelling shale plays globally and is committed to investing in Argentina’s energy sector.

In Australia, Liberty Energy, founded by U.S. Secretary of Energy Chris Wright, has provided equipment for successful shale gas drilling in the Beetaloo Basin. With the need to explore beyond U.S. borders, American expertise is crucial for developing new shale basins worldwide, according to industry insiders.

Abu Dhabi’s ADNOC has tested oil production at a shale play in the UAE, and EOG Resources is working on developing shale resources in the region. Saudi Arabia is also investing in developing Jafurah, the largest unconventional gas field in the Kingdom, with plans to launch production in the near future.

Non-U.S. shale development may face challenges but offers significant opportunities for growth. Companies like EOG Resources are partnering with international firms to navigate these challenges and drive innovation in unconventional resource development. Despite the hurdles, the potential for U.S. shale producers on a global scale remains immense.

Read more at Yahoo Finance: Why American Shale Know-How Is Becoming a Global Export