Some areas in the Permian have hit geological limits while others, yet to be drilled, are not expected to be as prolific as the prime Tier 1 acreage. Despite record U.S. crude oil production, limits ...
The Permian Basin's rapid increase in oil production has led to a surge in produced water, which is causing environmental problems such as seismicity and surface subsidence. Current disposal methods, ...
HOUSTON, Feb 6 (Reuters) - Growth in oil output from the U.S. Permian basin, the country's top oilfield, is expected to slow by at least 25% this year despite President Donald Trump's vow to maximize ...
Chevron Corp., Houston, is forecasting 2025 total oil and gas production will climb 6-8% from last year’s nearly 3.34 MMboe/d, executives said Jan. 31. That growth is expected to pick up in ...
MIDLAND, Texas (KMID/KPEJ) – Widely recognized as the epicenter of America’s oil and natural gas output, the Permian Basin is now emerging as a major driver of electricity demand. In response to ...
The Permian Basin is the epicenter of opportunity for oil and gas investors. As the top oil-producing region in the United States, its production growth and future potential are unmatched. Goldman ...
Midland Reporter-Telegram on MSN
ExxonMobil aims to increase Permian production by 50%
Unconventional development technology in one of its primary unconventional plays led to a strong fourth quarter for ExxonMobil. The multinational giant reported earnings of $7.61 billion or $1.72 per ...
Permian Resources, with its efficient, data-driven, low-cost approach, is a compelling buy despite lower WTI prices, offering strong growth potential in the volatile O&G sector. The company has ...
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