A number of topics were discussed, like the amount of oil production in the Permian Basin -- six million barrels per day. It was a packed house inside the Bush Convention Center in Downtown ...

US Energy Development Corporation (USEDC) has announced plans to invest up to $1bn in the Permian Basin during 2025. This decision follows a “record-breaking” year for the exploration and ...

MIDLAND, Texas (KMID/KPEJ)- This Christmas, community members in the Permian Basin came together to bring ... in West Texas hosted its annual giving tree. With over 500 children in the foster ...

The Permian Basin Behavioral Health Center received a ... it’s common for contractors to put a tree on top,” Meyers said. “It’s a symbol of good luck and blessing for the facility.” ...

The Permian races ahead of pandemic lows. One year ago, the Permian basin in West Texas and New Mexico had just reached 5 million barrels per day (MMbpd) which was almost half of the total US ...

In 2023, USEDC closed 19 transactions and deployed nearly $600 million, most in the Permian Basin, with other projects in the Barnett, Haynesville, and Powder River basins. "Our long-term ...

Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.