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 ...

Areas of Central and South Texas, including in the Austin and San Antonio regions, have felt substantial tremors lately. What ...

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(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 ...

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 ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

31. That growth is expected to pick up in second-half 2025 thanks to projects in the Gulf of Mexico and Kazakhstan but Permian basin assets also are expected to grow production about 10% despite ...

reports record production globally and in the United States including outstanding performance in the Permian Basin that exceeded expectations with growth of nearly 18% over last year. Chairman-CEO ...

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 ...