Oil production growth is slowing due to natural depletion and rising costs, especially in the Permian Basin, but new federal ...

By Yinka Coker Ufuoma Akomuvie Akpomeyoma is a Senior Seismic Interpreter, Reservoir Geophysicist, and Geohazards Expert at ...

When Mewbourne founded the company, it began in the Permian Basin before expanding into the Anadarko Basin in 1976. Today, ...

The U.S. Geological Survey released a report earlier this week on undiscovered oil and gas resources in formations under the federally managed public lands of the United ...

An oil industry geologist credited with helping usher in a modern resurgence of resource extraction on the North Slope says ...

Russia is also ready to share technologies for oil production in difficult geological conditions and technologies for increasing the efficiency of oil refining with Mexico ...

Nearly two dozen state geological surveys depend heavily on federal funds. A proposed budget cut could slow or stop key ...

US-based Halliburton has announced a collaboration with Petronas exploration and production (E&P) subsidiary Petronas ...

ConocoPhillips COP, a global exploration and production firm, has confirmed the Slagugle oil discovery in the Norwegian Sea. The company had drilled a second appraisal well, 6507/5-12 S, in production ...

Bureau of Land Management officials say they underestimated oil and gas reserves in the region and will consider accommodating more development.