Its operations in the DJ Basin target the Niobrara and Codell formations. The company's Permian Basin assets comprise over 120,400 net acres located in Upton, Reagan, Glasscock, Martin, Midland, ...

As Permian Basin crude oil production growth begins to moderate, operators active in the region may want to shift their focus ...

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 now produces over 6 million bpd, with Wood Mackenzie projecting a peak of 7.7 million bpd by 2035.

Considering the Permian Basin's strategic significance to the U.S. oil production, keeping an eye on XOM, FANG and CVX is not just wise - it's essential.

When the world shakes, West Texas often stands still. In June, oil prices briefly surged as tensions escalated between Israel ...

New research provides an improved understanding of earthquake hazards in the Permian Basin Date: December 2, 2024 Source: University of Texas at Austin Summary: A new collection of published ...

Higher gas-to-oil ratio and water-to-oil ratio in the Permian suggest that some formations in the basin are reaching geological constraints, and more drilling isn’t necessarily proportionate to ...

An environmental group instrumental in winning an endangered species listing for a struggling lizard species in the Permian Basin now wants to intervene in a federal lawsuit challenging the listing.

Shale oil extraction in the Permian Basin, the largest US oil basin, produces millions of gallons of chemical-laced water. Traditionally, this wastewater is pumped back underground.