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

Oilfield services company Baker Hughes said Friday its weekly U.S. rig count sank seven rigs to 547, the lowest level since October 2021 and down 34 rigs or 6% from 581 rigs a year ago. For the month ...

Blackbeard’s treasure is buried beneath the Permian’s Central Basin Platform. While oil majors chase deeper waters, the ...

The Permian Basin in West Texas is the country's most prolific energy-producing region, accounting for more than 40% of the ...

The discovery of oil in the Permian Basin dates back to the early 20th century, though its geological history is millions of years old. A bowl-shaped dip in the earth’s surface formed, and it ...

The Permian Basin was up by 44 rigs in the last year, Baker Hughes reported, for Friday’s basin-wide total of 353 rigs. Adrian Hedden can be reached at 575-628-5516, [email protected] or ...

The post is correct that the shaded area of the map, known as the Permian Basin, has large quantities of oil and natural gas. But current estimates don’t add up to a 200-year supply, ...

Permian Basin oilmen are always watching the steel market because the oilfield is a steel-heavy scene with the strong, durable metal being used for production, shipping, distribution, external ...

A shallow shoe set at 450 ft will require at least a 19.5-ppg FIT or higher (light green shaded area in Fig. 2) to avoid breaking down the shoe versus the weak zone with a 9.2-ppg fluid.