Growth in oil output from the U.S. Permian basin, the country's top oilfield, is expected to slow by at least 25% this year ...

“Building on the momentum of 2024, USEDC is entering 2025 with a similar growth mindset, aiming to invest up to $1 billion in U.S.-operated and non-operated oil and gas projects, primarily in the ...

The Permian Basin is more than just an oil-rich region ... Spraberry and Bone Spring formations. Leveraging innovative technologies and strategic mergers, this independent player delivers ...

A number of topics were discussed, like the amount of oil production in the Permian Basin -- six million barrels per day. It was a packed house inside the Bush Convention Center in Downtown ...

Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.

Over the past 15 years, oil drillers turned a stretch of desert in Texas and New Mexico called the Permian Basin into the most ... oil is stuck in shale rock formations and has to be blasted ...

HOUSTON (Reuters) - Growth in oil output from the U.S. Permian basin, the country's most prolific formation, is expected to ...