News

Permian Basin Royalty Trust remains a sell due to weak business performance, low yield, and a poor oil market outlook.
Members of Congress toured Permian Basin oil sites, meeting with local energy leaders to discuss energy policy, jobs, and ...
EPD's deep Permian ties and more than 1,000 new well connections could set the stage for stronger second-half gains in 2025.
On a Tuesday in March, Billton Werito drove his son Amari toward his house in Counselor, New Mexico, navigating the bumpy ...
In March, a sheriff's deputy drove out to an oil field west of Odessa after the owner called in to report two of his storage ...
The Permian Basin now produces over 6 million bpd, with Wood Mackenzie projecting a peak of 7.7 million bpd by 2035.
Viper Energy has acquired Sitio Royalties, valued at $4.1 billion including debt. The companies announced this on Tuesday. This ...
The Permian Basin boasts the lowest operating ... their drilling and well completion activity as well as their capital spending. Crude oil futures ended a choppy trading week with modest declines ...
A slowdown in drilling activities in the Permian Basin, the largest U.S. shale oil production region, should provide some underlying support to the price of crude oil, Goldman Sachs said in its most ...
Texas-based Viper Energy is planning to buy Sitio Royalties in a deal valued at US$4.1 billion, the companies announced ...
Oil drillers in the U.S. shale heartland are slowing down operations, a sign that OPEC's high-stakes price war is starting to ...