Seven of the top 10 have the Permian as their most active region,” said Nikhanj. The Permian also dominates the rankings in terms of production volumes – 81% of oil production and 40% of gas ...
US Gulf of Mexico oil output rebounded to 1.76 million bpd in October, up 191,000 bpd month-over-month, after hurricanes forced prolonged closures of production facilities in the region in September.
NEW YORK, Jan 14 (Reuters) - Oil prices will be under pressure over the next two years as global production growth outpaces ... world's largest shale oil-producing region, is expected to continue ...
There will also be strong growth in oil production in general, including in the US's oil-rich Permian region, the agency said. It projects the region's share of US production will grow to account ...