Ian writes on fossil energies, climate, and transition to renewables. The Permian remains the premiere U.S. basin. The peak of crude oil production in the Permian before the pandemic was 4.9 MMbpd.
US Energy Development Corporation (USEDC) has announced plans to invest up to $1bn in the Permian Basin during 2025. This decision follows a “record-breaking” year for the exploration and ...