The Permian Basin continues to be the heartbeat of the U.S. oil industry, driving growth and efficiency across the sector. With steady production gains, technological advancements and strategic ...

Iron Oak Energy Solutions has expanded its Permian Basin footprint through the acquisition of High Roller Sand. High Roller operates a premier facility in Winkler County, Texas, known for its high ...

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 company has significant assets in the Permian Basin, focusing on low breakeven costs and strong M&A activities, enhancing its production capabilities. Despite a Q4 EPS miss, PR shows robust ...

Its activities also include the horizontal development of the San Andres formation, a shelf margin deposit on the Northwest Shelf of the Permian Basin. The company was founded in 1916 and is ...

There had been uncertainty over the future of the joint venture after Ecopetrol (EC) backed out of a separate deal last August to acquire $3.6B of other Permian Basin assets from Occidental (NYSE ...

MIDLAND, Texas — President Trump recently signed a resolution blocking a methane fee program that was set to take effect this year, a move that Permian Basin leaders say is a major win for local ...