(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 ...

The rig count in the Permian Basin was up five this week ... A year ago, 311 rigs were active in the region. Nationally, the oil and gas rig count is up six from last week at 582 rigs.

MIDLAND, Texas — With the new year just underway, oil and gas was the topic of conversation in the Tall City on Wednesday. The Midland Chamber of Commerce hosted their annual 'State of Oil and ...

Texas is facing a major winter storm with extreme cold and snow, which could lead to record-breaking electricity demand. ERCOT has issued a Weather Watch but anticipates having sufficient supply ...

In an opinion piece, Missi Currier, executive director of the New Mexico Oil and Gas Association, praised a win-win for the environment and her industry ("Permian Basin methane decline marks ...

One day after President Donald Trump was sworn into office, the future of oil and gas remains in the air ... executive vice president of the Permian Basin Petroleum Association.

US Energy Development Corporation (USEDC) has announced plans to invest up to $1bn in the Permian Basin during 2025 ... US-operated and non-operated oil and gas projects. It attributes its ...

Over the past 15 years, oil drillers turned a stretch of desert in Texas and New Mexico called the Permian Basin into the most important oil basin in the world by re-engineering pipes and applying ...

This may tend to relieve the pressure on oilfield services companies’ prices. The January 15, 2025, oil ... Gas Weekly, “The price at the Waha Hub in West Texas, which is located near Permian ...

aiming to invest up to $1 billion in U.S.-operated and non-operated oil and gas projects, primarily in the Permian Basin. "We have built a strong track record of sourcing and transacting on high ...

investments that helped the company set oil and gas production records that were driven in part by Permian basin output climbing 18% in 2024. This year, total capex is projected to be about $15 ...

Additionally, it was recently announced that Permian Resources has agreed to divest its natural gas and oil gathering systems in the Delaware sub-basin of West Texas to Kinetik Holdings for a ...