The 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 ...
U.S. Energy Development Corp. plans to invest up to $1 billion in the Permian Basin, focusing on the Delaware and Midland ...
Halliburton and Coterra Energy have introduced autonomous hydraulic fracturing technology in North America, boosting ...
Ian writes on fossil energies, climate, and transition to renewables. The Permian remains the premiere U.S. basin. The peak of crude oil production in the Permian before the pandemic was 4.9 MMbpd.
Coterra completed the purchase of additional stakes in the U.S. Permian Basin from Avant Natural Resources and Franklin Mountain Energy for a combined price of about $3.9 billion. Image by ...
Growth next year is expected to only be slightly less. “We’re getting more for every dollar we’re spending,” says chief ...
The S&P analysis shows the decline in methane emissions from the Permian Basin is equivalent to the annual carbon emissions avoided by every electric vehicle on the road in the United States.
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 ...