News

Raymond James’ E&P analyst John Freeman last delved into the Delaware Basin in 2023. This year, Permian Resources ranked last ...
The Eagle Ford Shale reaches across 25 Texas counties. But more than 60 percent — 141 of the play's 227 drilling rigs — are operating in five counties: La Salle, Karnes, McMullen, Gonzales and ...
Completes first two drill holes of its 2025 Angilak Exploration Program comprising ~10,000m of diamond drilling. KU Discovery Target: The maiden drill hole, KU-DD-001 successfully targeted stacked ...
Editor’s note: The video above first aired March 6, before the Supreme Court ruling. ANDREWS COUNTY, Texas (KMID/KPEJ)- A Supreme Court ruling has reignited a decades-long battle in West Texas over ...
Gov. Greg Abbott signed all three this month in Midland, saying in a statement that Texas is “bringing the full weight of the law to crack down on oil theft in the Permian Basin to protect the ...
ODESSA, Texas -- At least three times a week, Darin Mitchell gets the call. Oil drums have been stolen. Copper wires were yanked. Other field equipment at an oil and gas facility was pilfered.
Texas creating task forces to target Permian Basin oil field thefts by: The Associated Press Posted: Jun 20, 2025 / 03:45 PM CDT Updated: Jun 20, 2025 / 01:35 PM CDT ...
A task force led by the Federal Bureau of Investigation, he said, estimated that operators in the Permian Basin lose up to $300,000 a month in stolen tools, pipes and valves. “Considering more than 2 ...
South Justis is currently producing 108 barrels of oil per day ("BOPD") from 19 actively producing wells which adds $1.2 million in net cash flow annually with minimal impact to the G&A costs of ...