In November 2023, Permian Resources acquired Earthstone Energy in an all-stock transaction for $4.5 billion, including Earthstone's net debt. The first map shows the Delaware sub-basin overlap of ...

The most important energy reserve in the U.S.-the Delaware Basin ... (before introducing Thing 3): Where AI Meets the Permian Basin: Land, Energy, and Water Water, in the business context we ...

U.S. Energy Development Corp. plans to invest up to $1 billion in the Permian Basin, focusing on the Delaware and Midland ...

Monday announced that its subsidiary, Ecopetrol Permian LLC, and Occidental Petroleum Corporation have agreed to ...

the existing independent contract for developing the Delaware sub-basin will continue until 2027, ensuring ongoing operational activities in that region. Looking ahead, Ecopetrol Permian's 2025 ...

Andy O’Brien, senior vice president of strategy, commercial, sustainability and technology, said during the earnings call that divestitures involved “noncore Permian assets, and we’ll expect ...

The two companies agreed a separate contract to develop the Delaware sub-basin until 2027, the statement added. Ecopetrol's operations in the Permian basin have boosted the company's production ...

A $1.5 billion joint venture between Occidental Petroleum and Ecopetrol, Colombia’s state-run oil company, has been cast in doubt after the two companies agreed to an extension. A day after the ...

Jordan Jayson, chairman and chief executive, estimates 90% of that capital will be spent in the Permian Basin. “It will be spent in the Delaware Basin and Midland Basin primarily, with 75% (of ...

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 ...