News

Midland Reporter-Telegram on MSN5d
Permian Basin drives $119B in U.S. economic impact, report finds
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 ...
Yahoo Finance2y
Permian Takeover: Multinationals in the Permian Basin
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 ...
Midland Reporter-Telegram on MSN5d
ProPetro: Permian Basin's idle frac capacity higher than expected
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 ...
The Globe and Mail1y
M&A deals in Permian basin exceeded US$100-billion in 2023, consultancy ...
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 ...
Financial Post2y
Ovintiv to Buy EnCap Permian Oil and Gas Assets For $4.3 Billion
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 ...