Blackbeard’s treasure is buried beneath the Permian’s Central Basin Platform. While oil majors chase deeper waters, the ...

In a new report, the authority noted that onshore U.S. oil production had expanded threefold since 2010, driven by the shale boom, with that boom led by the Permian. Shale output, the EIA reported ...

Production in the Permian Basin is forecast to average 6.51 million bpd in 2025, down from its previous estimate of 6.58 million bpd. But that would still mark a significant increase from 6.3 ...

Production in the Permian Basin is forecast to average 6.51 million bpd in 2025, down from its previous estimate of 6.58 million bpd. However, that would still mark a significant increase from 6.3 ...

As if WTI oil prices in the low $60s per barrel aren’t enough to slow production growth at America’s top producing shale basin, the Permian, new guidelines for permitting saltwater disposal ...

EOG's financial health remains strong compared with peers. We think it also enjoys a low risk of default. The firm has built a net cash position, while its debt-to-total-capital ratio sits at 15%.

“Since that time, however, there have been notable acquisitions of shale resources, mostly in the Permian Basin, by some of the largest firms in the industry like ExxonMobil, ConocoPhillips ...

U.S. oil companies are pulling back as lower commodity prices take a toll. After two months of crude oil prices hovering around $60 a barrel, companies are shutting down drilling rigs and laying ...

DUCs have risen by 11% since December 2024 to 975 in the Permian Basin. Down but not out While the latest data on shale drilling activity suggests US production will continue to slow, it is far ...

The American shale sector suffered a setback last weekend after the world’s largest group of oil producers, OPEC+, announced yet another big increase of 411,000 barrels per day in oil production ...

Winkler County Basin Oil & Gas Operating LLC • W.E. Baird #1216: Keystone (Consolidated); 2532 fsl, 220 fwl, Sec 12, Blk B-3, ...

An Akita Drilling Ltd. oil rig in Midland, Texas. The Permian Basin is North America’s most prolific shale patch. Photographer: Justin Hamel/Bloomberg ...