The number of active oil rigs across the United States has dipped to 537, down two from last week and 48 fewer than this time last year, when the count stood at 585. Texas currently reports 255 active ...

The Permian Basin was up by 44 rigs in the last year, Baker Hughes reported, for Friday’s basin-wide total of 353 rigs. Adrian Hedden can be reached at 575-628-5516, [email protected] or ...

Elk Range Royalties said the deal saw it purchase 2,600 producing wells on about 2,300 acres in the Delaware and ... Thousands of Permian Basin wells sold to Dallas company as U.S. oil growth ...

Raymond James’ E&P analyst John Freeman last delved into the Delaware Basin in 2023. This year, Permian Resources ranked last ...

EPD's deep Permian ties and more than 1,000 new well connections could set the stage for stronger second-half gains in 2025.

Thousands of injection wells dot the Permian Basin, each reviewed and permitted by Texas’ oil field regulator, the Texas Railroad Commission. Water flows up from a broken old oil well in ...

The basin was expected to production about 5.64 million barrels of oil per day (bpd) and 21.7 billion cubic feet of natural gas per day (cf3/d) in February, the EIA forecast, growth of about ...

Elk Range Royalties said the deal saw it purchase 2,600 producing wells on about 2,300 ... A Dallas-based oil and gas company announced it bought Permian Basin lands and fossil fuel-producing ...