Chevron Corp. is on the cusp of reaching a production plateau in the largest US oil field, allowing it to reap billions of dollars of additional cash flow in the next few years.

In the Permian Basin, which spans West Texas and southeastern New Mexico, the rig count remains steady at 265. That’s unchanged from last week but down from 305 rigs at this time in 2024.

Flash Rockwell’s ZeroPoint Evaporator uses flare gas to turn oilfield wastewater into dry solids, cutting costs and emissions in the Permian Basin.

Mach Natural Resources LP Announces Transformative Acquisitions in the Permian Basin and San Juan Basin Jul. 10, 2025 7:29 AM ET Mach Natural Resources LP (MNR) ...

Mach Natural Resources LP Announces Transformative Acquisitions in the Permian Basin and San Juan Basin Mach Natural Resources LP (NYSE: MNR) (“Mach” or the “Company”) today announced it ...

Permian Resources Corporation (NYSE:PR) recently announced that it has completed the acquisition of Delaware Basin leasehold and royalty interests from APA Corporation.

U.S. oil and gas producer Coterra Energy will hold its rig count steady at nine in the Permian Basin, CEO Tom Jorden said Tuesday, reversing earlier plans to scale back activity as the company ...

As the company with some of the deepest inventory in the Permian Basin, Occidental is very well positioned for the long term, which is probably why Buffett is such a fan.

Texas lawmakers have approved bills creating task forces to address oil field theft in the Permian Basin. The task forces, formed by the Department of Public Safety and the Texas Railroad ...

The Texas Legislature passed bills that a sheriff, and oil and gas industry leaders say are crucial to combat oil field thefts in the Permian Basin.

The Texas Legislature has passed a suite of bills that lawmakers, a sheriff, and oil and gas industry leaders say are crucial to combat what they call a billion-dollar loss in oil field thefts in the ...

Texas creating task forces to target Permian Basin oil field thefts Texas lawmakers passed a suite of bills that officials said are crucial to combat losses in the state’s largest oil field.