News

As the booming U.S. onshore oil and gas industry matures and efficiency levels fall, less active Canadian shale plays stand to benefit with arguably the best combination of quality inventory and ...
The post is correct that the shaded area of the map, known as the Permian Basin ... Shale and Bone Spring Formation of the Delaware Basin, Permian Basin, Province, New Mexico and Texas," December ...
More: $1B oil and gas deal coming in Permian Basin despite slight dip in forecast oil production Researchers endeavored to map surface disturbance ... the western Delaware Basin, eastern Midland ...
Permian Resources (NYSE:PR) said Wednesday alongside its Q1 earnings report that it agreed to acquire APA Corp.'s (APA) Northern Delaware Basin assets, which consist of low breakeven inventory and ...
Permian's Northern Delaware Basin acquisition may add around 6,050 BOEPD (45% oil) to its full-year production if that deal closes at the end of Q2 2025. Permian anticipates around $20 million in ...
The agreement will give the Midland, Texas-based oil and gas developer 13,320 net acres and 8,700 net royalty acres in the northern part of the Delaware Basin, a Permian sub-basin. The acreage ...
MIDLAND, Texas, July 29, 2024--(BUSINESS WIRE)--Permian Resources Corporation ("Permian Resources" or the "Company") (NYSE: PR) today announced that it has entered into a definitive agreement with ...
Heavily invested in the Permian Basin and Egypt’s Western ... primarily to add scale and inventory to its existing Delaware Basin footprint. “As we took over operations our focus was on ...
Permian Resources Corp. has completed its purchase of Delaware Basin acreage and midstream infrastructure from Occidental Petroleum Corp. for about $818 million. The transaction between the Texas ...
While the Permian Basin—including its Midland eastern lobe and Delaware western lobe—in West Texas is by far the king as it amazingly produces almost half of record-high U.S. crude oil ...