This site lies in the middle of the Delaware basin, a prolific oil and gas partr of ... alleviate the water pressure underground. The recent history of earthquakes in the Permian basin of NM ...

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 ...

A frac pump has to inject frac fluid, mostly water and sand, under huge pressure, up to 10,000 pounds per square inch (psi), to crack up the rock deep underground to allow oil or gas easier inflow ...

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 ...

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.

to expand into the oil and gas-rich Permian Basin, sending its shares up 4.3%. A dealmaking boom has swept through the U.S. shale industry in the last two years as large producers look to gain ...

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 ...

Diversified Energy Company will be able to enter the largest shale-oil producing region, the Permian Basin. Diversified Energy is primarily focused on producing and marketing natural gas and ...

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 ...