Oil production in the Permian is forecast by the government to rise 0.6 per cent in December to 2.02 million barrels a day, even as drillers have idled 59 per cent of the rigs there in the past year.

A series of earthquakes shook West Texas, including a 4.9 magnitude event that was centered in Scurry County. The quake was centered 17 miles northeast of Hermleigh, Texas around 10:30 p.m. July 22.

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 ...

The Permian Basin is one of the US's primary drivers of oil production growth. Market Realist provides an overview of this prolific hydrocarbon asset with a primer piece: "Introduction to the ...

Texas regulators on Thursday approved an electric reliability plan for the Permian Basin region, where the oil and gas industry, data centers and other sources of load growth are expected to push ...

Texas lawmakers hope a series of new laws will help end oil field thefts in West Texas. Credit: Eli Hartman/The Texas Tribune ODESSA — At least three times a week, Darin Mitchell gets the call ...

Permian Basin Dominates US Energy M&A Activity in Q1 By Julianne Geiger - Apr 23, 2024, 2:30 PM CDT ...

M&A deals in Permian basin exceeded US$100-billion in 2023, consultancy says Reuters Published December 12, 2023 ...

The State of Texas is investing in the Permian Basin's electric reliability. The Public Utility Commission of Texas (PUCT) unanimously approved a transmission on Thursday, Sept. 26.

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 ...