As Permian Basin crude oil production growth begins to moderate, operators active in the region may want to shift their focus ...

More: $157M oil and gas land sale targets Permian Basin in southeast New Mexico The latest oil prices followed an upward run through early October up from $79 a barrel on Sept. 30, per historical ...

The crushed remains of this ancient marine life are essentially what formed the oil deposits we find today. View from an airplane of the Permian Basin, Texas. Image credit: Cavan-Images ...

Oil production from the Permian tripled in the past decade to more than six million barrels a day, even as the number of rigs ...

Oilfield services company Baker Hughes said Friday its weekly U.S. rig count sank seven rigs to 547, the lowest level since ...

Most of it is drilled in the Permian Basin, a stretch of land containing oil deposits scattered across tens of thousands of square miles where operators big and small produce oil.

When the adoption of hydraulic fracturing, or fracking, about 15 years ago made tight deposits of oil and gas readily accessible across the U.S., drillers swarmed to the U.S.’s most prolific ...

HOUSTON, April 9 - U.S. oil major Chevron (CVX.N), opens new tab plans to increase the use of a technique that allows it to fracture subterranean rock in three wells at a time in the Permian basin ...

More:$157M oil and gas land sale targets Permian Basin in southeast New Mexico The latest oil prices followed an upward run through early October up from $79 a barrel on Sept. 30, per historical ...