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Research offers insights into Permian Basin earthquake hazardsThe Permian Basin in West Texas is the country's most prolific energy-producing region, accounting for more than 40% of the nation's oil production and about 15% of gas production. However, energy ...
Midland Reporter-Telegram on MSN1d
U.S. Energy Development Corp. plans $1 billion investment in Permian BasinU.S. Energy Development Corp. plans to invest up to $1 billion in the Permian Basin, focusing on the Delaware and Midland ...
Midland Reporter-Telegram on MSN1d
Halliburton and Coterra launch autonomous hydraulic fracturing in Permian BasinHalliburton and Coterra Energy have introduced autonomous hydraulic fracturing technology in North America, boosting ...
US Energy Development Corporation (USEDC) has announced plans to invest up to $1bn in the Permian Basin during 2025. This decision follows a “record-breaking” year for the exploration and ...
The Permian races ahead of pandemic lows. One year ago, the Permian basin in West Texas and New Mexico had just reached 5 million barrels per day (MMbpd) which was almost half of the total US ...
In 2023, USEDC closed 19 transactions and deployed nearly $600 million, most in the Permian Basin, with other projects in the Barnett, Haynesville, and Powder River basins. "Our long-term ...
Growth next year is expected to only be slightly less. “We’re getting more for every dollar we’re spending,” says chief ...
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