News

XOM hits record Permian output at 1.6 MMBoE/day, with tech-driven recovery gains and bold growth plans through 2030.
Delaware Basin pure-play Permian Resources’ executives say tax provisions and regulatory changes in the One Big Beautiful ...
A more optimistic outlook from Wood Mackenzie has total onshore oil production in the U.S. falling 400,000 bpd this year and then resuming its growth trajectory in 2021, led by production in the ...
Average daily oil production reached 495.7 thousand barrels per day, up 79.5% from the prior year, with total equivalent production rising 94% to 919.9 thousand barrels of oil equivalent per day ...
Detailed price information for Exxon Mobil Corp (XOM-N) from The Globe and Mail including charting and trades.
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Methane pollution is common in shale oil and gas fields such as those in the Permian Basin because energy companies vent and burn off excess natural gas when there are insufficient pipelines and ...
Fresh off of 2025 budgeting, US shale oil players issued guidance indicating another year of modest growth. Nearly all of the US Lower 48 oil growth this year is pegged to come from the Permian Basin.
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.
While the Permian Basin—including its Midland eastern lobe and Delaware western lobe—in West Texas is by far the king as it amazingly produces almost half of record-high U.S. crude oil ...
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 ...