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U.S. oil major Chevron plans to increase the use of a technique that allows it to fracture subterranean rock in three wells ...
The oil industry that once helped President Donald Trump get elected is now fuming as crude prices plunge. "I don't know an ...
The US Geological Survey (USGS) assessed that there are technically recoverable resources of 61 MMbbl of oil and 240 bcf of ...
A plunge in oil prices below $60 per barrel due to an escalating trade war may trigger anxiety across the U.S. oil patch, ...
A total of 32 US states pump oil, but just over 42 percent of the country’s crude oil production comes out of Texas, ...
U.S. oil prices dropped below $60 a barrel on Sunday as the global market sell-off on recession fears fueled by President ...
(Reuters) -U.S. energy firms this week cut the total ... the nation's biggest oil-producing shale basin, the rig count declined by three rigs, cutting the total count to 294, the lowest since ...
U.S. rig count drops, with Permian Basin drilling at its lowest since February 2022, according to Baker Hughes.
U.S. oil prices dropped below $60 a barrel on Sunday on fears President Donald Trump's global tariffs would push the U.S., and maybe the world, into a recession. Futures tied to U.S. West Texas ...
New Mexico's oil output has doubled since 2019, making it the second-largest producer in the U.S., behind Texas.
The U.S. crude oil benchmark temporarily plunged ... the Permian [Basin], a downshift in the country’s most prolific oil basin would decelerate the rate of production growth in 2025, should ...
Midland Reporter-Telegram on MSN5d
Permian Basin rig count falls to three-year low
Like Texas, the Permian Basin was down three rigs to 294 rigs for the week and the lowest level since February 2022. The ...