The Permian's outlook depends on price and demand, with future growth likely tied to higher oil prices and fewer, larger ...

A key data release may underline how the US oil industry is reining in production growth in response to lower prices.

Oil and gas operations in the Permian Basin ... U.S. oil and gas basin," said study co-author Dr. Steven Hamburg, chief scientist at the Environmental Defense Fund (EDF). To map the methane ...

Members of Congress toured Permian Basin oil sites, meeting with local energy leaders to discuss energy policy, jobs, and ...

Oil and gas operators in the Permian Basin recorded high profits last year and plans to continue expanding extraction activities in the region in the coming months. The region spanning southeast ...

Operators in the Permian Basin continued leading the U.S. both in growth and overall production of oil and gas, with numbers expected to climb in February. About 5,000 barrels of oil per day (bopd ...

The post is correct that the shaded area of the map, known as the Permian Basin, has large quantities of oil and natural gas. But current estimates don’t add up to a 200-year supply ...

Oil and gas operations in the Permian Basin continued to decline this week, signaling American supplies were meeting demand and production could continue to dip. The basin shared by southeast New ...