With final numbers for 2024 being tallied, the Permian Basin is again the star of the nation's oil and natural gas production. And expectations are that won't change in 2025. East Daley Analytics ...

As Permian Basin crude oil production growth begins to moderate, operators active in the region may want to shift their focus to natural gas. “Historically, producers in the Permian have not ...

“ [The] Permian Basin is 47-percent of U.S. oil production – that's a massive number – and it’s only going to grow over time," said Kaes Van't Hof, President and CFO of Diamondback Energy.

While the Permian Basin—including its Midland eastern lobe and Delaware western lobe—in West Texas is by far the king as it amazingly produces almost half of record-high U.S. crude oil ...

Gov. Greg Abbott signed all three this month in Midland, saying in a statement that Texas is “bringing the full weight of the law to crack down on oil theft in the Permian Basin to protect the ...

Roughly 2.5 GW comes from residential and commercial sectors in West Texas and ~30% of that came on the back of accelerated Permian oil and gas development since 2017-2018.

A task force led by the Federal Bureau of Investigation, he said, estimated that operators in the Permian Basin lose up to $300,000 a month in stolen tools, pipes and valves.

GRANDFALLS, TEXAS – MARCH 24: An oil pumpjack in a field on March 24, 2024 in Grandfalls, Texas. Employment in Texas has reached record highs, with the oil- and gas-producing Permian Basin ...