U.S. Energy Development Corp. plans to invest up to $1 billion in the Permian Basin, focusing on the Delaware and Midland ...

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 ...

A company has completed the delivery of 100 loads of sand used in hydraulic fracturing with the driverless technology.

Halliburton and Coterra Energy have introduced autonomous hydraulic fracturing technology in North America, boosting ...

HOUSTON, Feb 6 (Reuters) - Growth in oil output from the U.S. Permian basin, the country's top oilfield, is expected to slow by at least 25% this year despite President Donald Trump's vow to ...

MIDLAND, Texas — Chevron celebrated 100 years of production in the Permian Basin, and on Wednesday, they gave back. Chevron's Mid-Continent Business Unit Production Services Team collaborated ...

“Building on the momentum of 2024, USEDC is entering 2025 with a similar growth mindset, aiming to invest up to $1 billion in U.S.-operated and non-operated oil and gas projects, primarily in the ...

(RTTNews) - Ecopetrol S.A. (EC) Monday announced that its subsidiary, Ecopetrol Permian LLC, and Occidental Petroleum Corporation have agreed to extend the development plan for Rodeo Midland Basin ...

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 ...

Andy O’Brien, senior vice president of strategy, commercial, sustainability and technology, said during the earnings call that divestitures involved “noncore Permian assets, and we’ll expect ...

(Eli Hartman/Odessa American) The Chevron Corp. reports record production globally and in the United States including outstanding performance in the Permian Basin that exceeded expectations with ...

A $1.5 billion joint venture between Occidental Petroleum and Ecopetrol, Colombia’s state-run oil company, has been cast in doubt after the two companies agreed to an extension. A day after the ...