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 ...

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 ...

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 of January.

Douglas Young, UTPB senior lecturer in the Department of Chemistry and Physics, talks about the upcoming Permian Basin Science and Engineering Fair taking place at the UTPB Gym Feb. 15.

(RTTNews) - Ecopetrol S.A. (EC) Monday announced that its subsidiary, Ecopetrol Permian LLC, and Occidental Petroleum Corporation have agreed to extend the development plan for Rodeo Midland Basin ...

In an opinion piece, Missi Currier, executive director of the New Mexico Oil and Gas Association, praised a win-win for the environment and her industry (“Permian Basin methane decline marks a ...

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 ...

Argent Trust Company, as Trustee of the Permian Basin Royalty Trust (NYSE: PBT) ("Permian" or the "Trust") today declared a cash distribution to the holders of its units of beneficial interest of ...

Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

On Tuesday, West Texas temperatures will average around 29F. Through Saturday, average temperatures in the oil-rich Permian basin will remain below the 30-year average of 47F for this time of year.