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Editor’s note: A version of this post was first published on Nov. 21, 2022.. An unsuspecting family of tourists was enjoying a popular river in Australia when a Queenslander showed up and warned ...
The Permian like all US shale oil production is done. It peaked in 2023 and has been in decline since. How could a basin like the Permian peak at 7.7 million barrels a day (mbd) in 2035 when it ...
While the Permian crude production is set to exceed 6.5 million bpd in 2025, up from more than 6 million bpd in 2024, the basin “is simultaneously generating an unprecedented volume of produced ...
Permian Basin-focused Diamondback Energy emerged as the region’s reigning independent producer giant a year ago following its $26 billion buyout of privately-held Endeavor Energy Resources. That ...