Occidental Petroleum said it has agreements to sell non-core Permian Basin assets, including midstream infrastructure, as it ...

Energy Transfer LP has taken final investment decision on its 516-mile, 42-in. OD Desert Southwest natural gas pipeline, ...

The Permian Basin was second in the U.S. for daily natural gas production at about 24.4 billion cubic feet per day (cf/d) expected in February, the EIA reported, a growth of 122 million cf/d from ...

With final numbers for 2024 being tallied, the Permian Basin is again the star of the nation's oil and natural gas production. And expectations are that won't change in 2025. East Daley Analytics ...

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 ...

Upstream oil and gas—industry-speak for the exploration and production end of the business—has always been a game of geology, ...

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.

Enverus’ Permian Basin rig count sank seven rigs to 262 for the week ended June 20 and is down 30 rigs or 10% from 292 a year earlier. The most active play, the Delaware Basin, fell three rigs ...

The Permian’s multiple layers of oil- and gas-soaked rocks, in some places stacked 5,000 feet thick, contain plenty of places to drill that will yield 30 per cent to 40 per cent rates of return ...

Detailed price information for Exxon Mobil Corp (XOM-N) from The Globe and Mail including charting and trades.

The deal for the assets held by EnCap’s Black Swan Oil & Gas, PetroLegacy Energy and Piedra Resources will add about 1,000 well locations to Ovintiv’s operations in the Permian, which covers part of ...