US Energy Development Corporation (USEDC) has announced plans to invest up to $1bn in the Permian Basin during 2025. This decision follows a “record-breaking” year for the exploration and ...

In 2023, USEDC closed 19 transactions and deployed nearly $600 million, most in the Permian Basin, with other projects in the Barnett, Haynesville, and Powder River basins. "Our long-term ...

(Eli Hartman/Odessa American) The Chevron Corp. reports record production globally and in the United States including outstanding performance in the Permian Basin that exceeded expectations with ...

In an opinion piece, Missi Currier, executive director of the New Mexico Oil and Gas Association, praised a win-win for the environment and her industry ("Permian Basin methane decline marks ...

Douglas Young, UTPB senior lecturer in the Department of Chemistry and Physics, talks about the upcoming Permian Basin Science and Engineering Fair taking place at the UTPB Gym Feb. 15.

HOUSTON, Feb 6 (Reuters) - 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 despite President Donald Trump's vow to ...

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.