News

As Permian Basin crude oil production growth begins to moderate, operators active in the region may want to shift their focus ...
While the Permian Basin—including its Midland eastern lobe and Delaware western lobe—in West Texas is by far the king as it amazingly produces almost half of record-high U.S. crude oil ...
U.S. Geological Survey, "Assessment of Undiscovered Continuous Oil and Gas Resources in the Wolfcamp Shale and Bone Spring Formation of the Delaware Basin, Permian Basin, Province, New Mexico and ...
The Permian Basin in West Texas is the country's most prolific energy-producing region, accounting for more than 40% of the ...
In 2019, the journalist Christian Wallace created the “Boomtown” podcast, spotlighting the volatile world of West Texas oil. It has now inspired a new Taylor Sheridan TV series. "Landman" ...
U.S. Geological Survey, "Assessment of Undiscovered Continuous Oil and Gas Resources in the Wolfcamp Shale and Bone Spring Formation of the Delaware Basin, Permian Basin, Province, New Mexico and ...
DALLAS, July 16, 2024 /PRNewswire/ -- Energy Transfer LP (NYSE: ET) ("Energy Transfer") and Sunoco LP (NYSE: SUN) ("Sunoco") today announced the formation of a joint venture combining their ...
Based in Odessa, Texas, the Odessa American was founded in 1940. Odessa American 700 N. Grant Ave., Suite 800 Odessa, TX 79761-4590 (432) 337-4661 ...
Three Permian Basin pipeline companies planned to build and share midstream assets in the region to move more natural gas to refinery and export markets on the Gulf Coast. Enbridge announced the ...
The Permian was also one of the few regions expected to grow in oil production in February, adding about 122 million cubic feet per day (cf/d), for a total of 24.4 billion cf/d – the second most ...
ODESSA — A Houston-based oil company with facilities in the Permian Basin agreed to pay $1.3 million in penalties and put in place new measures to reduce pollution, the Environmental Protection ...
Shale producer Ovintiv Inc on Monday agreed to buy oil-focused assets in the Permian Basin from entities controlled by private-equity firm EnCap Investments for about $4.3 billion, in a bid to ...