News

The Permian Basin remains unrivaled in its contribution to U.S. energy production. Goldman Sachs anticipates an additional 270,000 bpd of growth by 2026, building on the 520,000 bpd added in 2023.
When the world shakes, West Texas often stands still. In June, oil prices briefly surged as tensions escalated between Israel ...
As Permian Basin crude oil production growth begins to moderate, operators active in the region may want to shift their focus ...
The Permian like all US shale oil production is done. It peaked in 2023 and has been in decline since. How could a basin like the Permian peak at 7.7 million barrels a day (mbd) in 2035 when it ...
The Permian Basin in West Texas is the country's most prolific energy-producing region, accounting for more than 40% of the ...
The Railroad Commission of Texas has raised alarms about increasing underground pressure in the Permian Basin, resulting from the disposal of wastewater from shale oil wells, reported Bloomberg ...
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.