News

Investing.com -- The US tight oil sector has shown remarkable resilience in 2024, especially within the Permian Basin, despite industry challenges such as a declining rig count and a wave of ...
Meanwhile Permian Basin drilling activity fell to a three-year low. ... The number of rigs drilling for crude oil fell by two rigs to 484 rigs, down 22 rigs or 4% from 506 last year.
As Permian Basin crude oil production growth begins to moderate, operators active in the region may want to shift their focus ...
US crude Oil production rose to a record level of 13.47 million barrels per day in April, according to the US Energy ...
Permian Basin drilling slowdown may support oil prices, but an ever squeezed and tapped out consumer, loaded up with credit card debt, and even Buy Now Pay Later debt in delinquency, will shrink ...
Oil and gas activity contracted in recent months as uncertainty lingers, according to most recent the Dallas Fed survey.
As Permian Basin crude oil production growth begins to moderate, operators active in the region may want to shift their focus to natural gas. “Historically, producers in the Permian have not ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
According to data from oil service provider Baker Hughes, the number of active oil rigs in the US fell by a further six last ...
After recently guiding down, executives now plan for activity levels only slightly below the level they had forecasted coming ...
Meanwhile Permian Basin drilling activity fell to a three-year low. ... The number of rigs drilling for crude oil fell by two rigs to 484 rigs, down 22 rigs or 4% from 506 last year.