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 ...

The assets were located within the Permian Basin, one of the largest oil-producing basins in the United States. Ecopetrol withdrew from the deal following the orders of Colombia's president ...

Driverless trucks have been carrying loads of sand in New Mexico’s oil patch as a Texas company tests its newly equipped “robotrucks” in the Permian Basin. Two semitrailer trucks owned by ...

Feb. 10—MIDLAND — The Texas Department of Public Safety (DPS) made over 20 arrests and rescued four victims in human trafficking operations conducted in the Permian Basin throughout the month ...

“We want to invite new families to be part of the transformational change we are making at IDEA Public Schools in the Permian Basin,” Annette Macias, Executive Director of IDEA Public Schools ...

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 ...

Ongoing increases in production and consumption of shale gas continue adding carbon emissions to the atmosphere as industrial ...

New horsepower additions in 2025 are expected to be back-end loaded, increasing active horsepower by approximately 1.5%, primarily allocated to the Permian Basin. Management emphasized the ...

In 2023, USEDC closed 19 transactions and deployed nearly $600 million, most in the Permian Basin, with other projects in the Barnett, Haynesville, and Powder River basins. "Our long-term ...

In a statement sent to Rigzone this week, U.S. Energy Development Corporation (USEDC) announced “plans to deploy up to $1 billion during 2025, primarily in the Permian Basin”. USEDC said in ...