In addition to the potential 20 billion barrels of oil, the Wolfcamp Shale geologic formation, which is part of the energy-rich Permian Basin, in the Midland area of Texas also contains an ...

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

Wolfcamp Drillco will contribute about 60% or $450million of drilling, completion and equipping costs against a 50% working interest in JV wells. Once Wolfcamp achieves 12% internal rate of return ...

Texas RRCD 7C Irion County SEM Operating Company LLC • University 40 #1104WB, Lin (Wolfcamp)-Horizontal; 2140 fsl, 2175 fwl, Sec 11, Blk 40, ULS, 2.58 sw Barnhart; TD 10000; API #42-235-36704. • ...

Amid concerns in Canada over the resilience of the U.S. shale industry, one region presents a particularly imposing figure: the Permian Basin of West Texas and southeast New Mexico. Major producers ...

The Permian Basin now produces over 6 million bpd, with Wood Mackenzie projecting a peak of 7.7 million bpd by 2035. Industry consolidation favors major players like Exxon and Chevron, who ...

Orion now has mineral ownership in 15,640 Acres in the Permian Basin Wolfcamp Shale & Sprayberry fields. Orion Diversified Holding Co Inc., Wednesday, July 27, 2022, Press release picture ...

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 ...

Despite increased automation and AI-driven efficiencies, the Permian Basin and broader shale sector still struggle to fill essential technical roles, affecting productivity.

The Permian Basin boasts the lowest operating costs among all shale regions because its size allows the use of cheaper and more efficient techniques such as horizontal drilling, and Goldman said ...

The Permian basin adds to U.S. shale bounty The shale boom that over the last five years has revived old Texas oil fields has largely made the unpredictable world of wildcatting, or looking for oil in ...

The Permian’s more mature Midland Basin is the most prime real estate, but it’s highly consolidated now after a big wave of mergers, and much of its core areas are drilled.