News

Tradition or myth holds that the Permian Basin’s rich oil and natural gas formations were made from the bodies of dinosaurs, which is an evocative answer that’s more fancy than fact.
Permian dominates U.S. oil growth, contributing over 6 million barrels per day and nearly half of total U.S. output, but its growth is increasingly seen as unsustainable. No sharp drop in Permian ...
The United States Geological Survey confirmed six earthquakes in West Texas on Friday, with the largest measuring 5.1. That quake's epicenter was near Hermleigh, Texas, in Scurry County, about 60 ...
While the Permian crude production is set to exceed 6.5 million bpd in 2025, up from more than 6 million bpd in 2024, the basin “is simultaneously generating an unprecedented volume of produced ...