A fracking operation in the Permian Basin of West Texas is captured in this drone view. The Permian has been the most prolific onshore oil basin for a decade now. In case you missed it, the U.S.
Two of the Permian Basin’s largest oil and gas companies merged in a multi-billion-dollar deal announced May 29, amid a wave of consolidations by energy operators in the region. ConocoPhillips ...
Fracking in the Permian Basin is declining faster than expected due to tariff uncertainty and OPEC+ production hikes, ProPetro (NYSE:PUMP) CEO Sam Sledge said Wednesday, according to Bloomberg. There ...
Texas Alliance of Energy Producers President Karr Ingham says the Permian Basin’s oil and natural gas production will keep increasing next year in the face of a declining rig count because continued ...
BUFFALO — With ongoing technological innovation, oil drilling could eventually be a more profitable enterprise in the Powder River Basin, analysts say. As it stands, the northeast Wyoming oil play is ...