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. However, energy ...

The Permian Basin is the largest oil field on the planet. Tens of thousands of wells dot the 86,000 square landscape that spans West Texas and Southeastern New Mexico. Disclaimer: AAAS and EurekAlert!

Coming out of the 2023 legislative session, ERCOT was required to develop a specific regional plan to ensure it could serve the growing load needs in the Permian Basin. In July, ERCOT filed a ...

US Energy Development Corporation (USEDC) has announced plans to invest up to $1bn in the Permian Basin during 2025. This decision follows a “record-breaking” year for the exploration and ...

Ian writes on fossil energies, climate, and transition to renewables. The Permian remains the premiere U.S. basin. The peak of crude oil production in the Permian before the pandemic was 4.9 MMbpd.

In 2023, USEDC closed 19 transactions and deployed nearly $600 million, most in the Permian Basin, with other projects in the Barnett, Haynesville, and Powder River basins. "Our long-term ...

2016: EnCana initiated a new concept called cube development to improve capital efficiency when a shale play is a stacked play like the Permian basin. Parallel horizontal wells are drilled in a ...

In an opinion piece, Missi Currier, executive director of the New Mexico Oil and Gas Association, praised a win-win for the environment and her industry (“Permian Basin methane decline marks a ...

US operator Diversified Energy is venturing into the Permian basin after announcing on Monday that it will acquire Houston-based Maverick Natural Resources for $1.28 billion. Diversified is ...

(RTTNews) - Ecopetrol S.A. (EC) Monday announced that its subsidiary, Ecopetrol Permian LLC, and Occidental Petroleum Corporation have agreed to extend the development plan for Rodeo Midland Basin ...