Revenir’s leadership team are all former senior leaders of Resolute Energy Corp., an NYSE-listed Permian Basin operator sold to Cimarex Energy (now Coterra Energy) in 2019 in a $1.6 billion deal.

XOM hits record Permian output at 1.6 MMBoE/day, with tech-driven recovery gains and bold growth plans through 2030.

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.

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 ...

The Permian Basin now produces over 6 million bpd, with Wood Mackenzie projecting a peak of 7.7 million bpd by 2035. Industry consolidation favors major players like Exxon and Chevron, who ...

Join the conversation The deal is part of Ovintiv's efforts to expand its operations in the Permian basin. Photo by REUTERS/Angus Mordant/File Photo Shale producer Ovintiv Inc on Monday agreed to buy ...

Texas lawmakers hope a series of new laws will help end oil field thefts in West Texas. Credit: Eli Hartman/The Texas Tribune ODESSA — At least three times a week, Darin Mitchell gets the call ...