News

Oil production growth is slowing due to natural depletion and rising costs, especially in the Permian Basin, but new federal ...
The Permian's outlook depends on price and demand, with future growth likely tied to higher oil prices and fewer, larger ...
Blackbeard’s treasure is buried beneath the Permian’s Central Basin Platform. While oil majors chase deeper waters, the ...
Viper Energy will buy Sitio Royalties in an all-stock deal valued at about $4.1 billion, the companies said on Tuesday, expanding the Diamondback Energy unit's presence across oil-rich shale regions ...
Targa Resources benefits from strong NGL demand, Permian growth, and a fee-based model driving stable, record EBITDA and sustainable cash flows.
Are we close to peak shale production? In the weeks since OPEC+ members agreed to ramp up output, the mood in the US oil business has shifted rapidly.
Occidental’s extensive Delaware Basin acreage continues to grow in value due to technological improvements and rising oil recovery rates. Learn more on OXY stock here.
including the DJ and Williston basins and the Eagle Ford shale. The Permian acreage overlaps with some of Viper’s existing wells in the prolific basin, Viper said. Sitio’s acreage produced an ...
As OPEC+ accelerates its unwinding of production cuts — along with supply growth elsewhere — the company forecasts production ...
The project is moving quickly, according to E. Will Gray II, New Era chief executive officer. The Phase I environmental site ...
This effort bankrupted a number of shale producers, but it only temporarily paused the country’s ascent as companies adapted to lower prices and the industry consolidated. Permian oil production ...
have generally slowed mergers and acquisitions across U.S. shale regions. Yet, VNOM’s acquisition underscores the enduring attractiveness of the Permian Basin. This is primarily because of low ...