As Permian Basin crude oil production growth begins to moderate, operators active in the region may want to shift their focus to natural gas. “Historically, producers in the Permian have not ...

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.

Diamondback Energy's buyout of Double Eagle could signal the winding down of the rapid consolidation of the Permian Basin over the last half decade.

Chevron will lay off nearly 200 workers in Texas' Permian Basin as part of global workforce reduction, aiming to cut costs by up to $3 billion by 2026.

After the rollup, Permian Resources is the largest pure-play oil company in the Delaware Basin (straddling the Texas/New Mexico border) with 450,000 net acres and 370,000 barrels per day of output.

Permian Resources stands out in the O&G sector with low-cost operations, strong FCF, a $1B buyback program, and growth potential. Read why I rate PR stock a buy.

ExxonMobil produced 1.5 million barrels of oil equivalent per day from the Permian Basin by the end of 2024 and anticipates producing 2.3 million barrels per day by 2030, an increase of over 50%.

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Coterra Energy Inc. CTRA is keeping its rig count steady at nine in the Permian Basin, a sharp pivot from the earlier plan to scale back operations amid oil market uncertainty. The shift signals ...

Permian Resources focuses on development of crude oil and related liquids-rich natural gas reserves in US. See what makes PR a hidden gem in oil & gas sector.

The Permian football team survived a second half comeback attempt by Abilene High to remain undefeated while giving the Eagles their first loss. Playing against their longtime former District 2-6A ...

Dealing with increased amounts of produced water, and the related increasing seismicity may well be what tips the balance in the Permian ...