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 ...

Permian Basin Bakery is a brand-new restaurant/bakery in Greenwood that opened last Monday. More for You US pulls out of formal peace talks between Ukraine and Russia ...

Fort Worth, Texas-based U.S. Energy Development Corporation (USEDC) said it has acquired approximately 20,000 net acres in Reeves and Ward Counties, Texas, expanding its total Permian Basin holdings.

Permian Basin oilmen are always watching the steel market because the oilfield is a steel-heavy scene with the strong, durable metal being used for production, shipping, distribution, external ...

Wilson documented widespread flaring, venting and other methane releases during a week in the Texas Permian Basin this month. Natural gas prices in the Permian Basin fell below zero during March.

Check here for weekly updated oil and gas drilling rig counts in the Permian Basin, New Mexico and Texas, reported by Baker Hughes. New Mexico saw no change to its rig count in the last week ...

A $2.2 billion sale of oil and gas assets in the Permian Basin closed this week as 2024 appeared poised to continue the growth of last year in the region’s fossil fuel industry. Civitas ...

A leading oil and gas producer in the Permian Basin bought out a smaller company to increase its presence in the region amid a series of mergers in the final weeks of 2023. Occidental Petroleum ...