News

XOM hits record Permian output at 1.6 MMBoE/day, with tech-driven recovery gains and bold growth plans through 2030.
ConocoPhillips’ net production for the Permian in 2021 was 442,000 boe/d (286,000 boe/d from Delaware, 136,000 boe/d from Midland and 20,000 boe/d from other Permian assets), excluding ...
Only a small percentage — 1.6% — of Texans and New Mexicans reside in the Permian Basin, but the region has an outsized economic impact. The Permian Strategic Partnership (PSP) has released its 2024 ...
Geopolitical tensions, falling commodity prices and uncertainty around trade greatly impacted the nation’s energy companies, including in the Permian Basin. Midland’s ProPetro Services detailed the ...
In the Permian Basin, which spans West Texas and southeastern New Mexico, the rig count remains steady at 265. That’s unchanged from last week but down from 305 rigs at this time in 2024.
The value of U.S. oil and gas mergers and acquisitions in the Permian basin this year has reached a record of more than $100-billion after several multi-billion dollar deals, consultancy Wood ...
The deal for the assets held by EnCap’s Black Swan Oil & Gas, PetroLegacy Energy and Piedra Resources will add about 1,000 well locations to Ovintiv’s operations in the Permian, which covers part of ...
The Permian Basin is Fueling America's Electric Future By Rystad Energy - Jun 19, 2025, 3:00 PM CDT ...