The Permian Basin in West Texas is the country's most prolific energy-producing region, accounting for more than 40% of the nation's oil production and about 15% of gas production. However, energy ...

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

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 ...

Growth next year is expected to only be slightly less. “We’re getting more for every dollar we’re spending,” says chief ...

A number of topics were discussed, like the amount of oil production in the Permian Basin -- six million barrels per day. It was a packed house inside the Bush Convention Center in Downtown ...

The Permian races ahead of pandemic lows. One year ago, the Permian basin in West Texas and New Mexico had just reached 5 million barrels per day (MMbpd) which was almost half of the total US ...

A cold front will bring cooler temperatures to the Permian Basin this weekend after a week of record-breaking heat.

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 ...

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 ...

Texas A&M associate professor of geology and geophysics Dr. Xiaowei Chen said that in the case of Permian Basin quakes, wastewater disposal could be regulated to minimize the risk of seismicity.