Diamondback in Talks to Buy Permian Producer Double Eagle
Fort Worth-based Double Eagle owns more than 95,000 net acres in the Midland portion of the Permian Basin and is one of the ...
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Colombia's president halts Permian Basin drilling deal with Occidental
Colombian President Gustavo Petro orders Ecopetrol to cancel its $1.5 billion joint venture with Occidental Petroleum due to ...
Colombia's Ecopetrol renews joint venture with Occidental Petroleum in Permian basin
Colombian energy company Ecopetrol said on Monday it has reached an agreement to renew its oil joint venture with Occidental ...
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AI Could Lift the Oil Industry’s Profits. It’s Happening in the Permian Basin.
Over the past 15 years, oil drillers turned a stretch of desert in Texas and New Mexico called the Permian Basin into the most ... or direct people in the field to do it. Some equipment is even ...
Chevron Sees Permian Basin Oil Growth Reaching 10% This Year
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.
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Chevron forecasts 2025 Permian production to climb 9-10%
investments that helped the company set oil and gas production records that were driven in part by Permian basin output climbing 18% in 2024. This year, total capex is projected to be about $15 ...