Blackbeard’s treasure is buried beneath the Permian’s Central Basin Platform. While oil majors chase deeper waters, the ...

Texas lawmakers passed a suite of bills that officials said are crucial to combat losses in the state’s largest oil field.

MIDLAND The Permian Basin continues to grow rapidly, reflecting the region’s importance as an economic powerhouse for Texas, New Mexico and the country. This year’s Economic Report from the ...

The U.S. is experiencing its highest power demand growth in decades, driven primarily by the electrification of oil and gas ...

Post Oak Energy Capital has just closed its latest fund, Post Oak Energy Partners V with capital commitments totaling $600 ...

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 ...

The Permian Basin now produces over 6 million bpd, with Wood Mackenzie projecting a peak of 7.7 million bpd by 2035. Industry consolidation favors major players like Exxon and Chevron, who ...

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 ...

MIDLAND, Texas — A new carbon capture and storage site is coming to the Permian Basin potentially as early as 2025. Environmental company Milestone Carbon will have a 10,000 acre hub in parts of ...

Three companies with extensive presences in the Permian Basin recently announced expansions and merger deals, with assets in New Mexico's Eddy and Lea Counties at play. Three companies with ...

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 ...

MIDLAND The Permian Basin’s economic impact continues to gain momentum, bringing promising news for Texas, New Mexico and the entire nation. According to the latest report by the Permian ...