Prairie Operating said the acquisition substantially increases its in oil-weighted production and provides immediate scale ...

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

Prairie Operating to buy DJ Basin assets from Bayswater Exploration and Production in cash and stock deal valued at $602.75M.

Adds ~24,000 net acres in Weld County and ~26 mboepd of oil-weighted (69% liquids) net productionAdds 77.9 MMboe and ~$1.1 Billion in Proved ...

(Bloomberg) — Chevron Corp. (CVX) 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 ...

Africa Oil Corp. said Monday it has increased its stake in Block 3B/4B on the South African side of the Orange Basin to 18 percent from 17 percent after completing a transaction with Eco (Atlantic ...

Oil & Gas, following which the company’s stake in Block 3B/4B in the Orange Basin offshore South Africa increased from 17% to 18%. The terms of the consideration laid down that Eco would ...

China announced a discovery of 427 million metric tons of oil reserve in the Sanmenxia Basin, setting an example for the oil and gas exploration of small and medium-sized basins nationwide ...

DENVER — A roughly $2 billion deal between two Denver-based oil and natural gas companies closed this week, part of a larger pair of transactions worth a total of $4.3 billion. FourPoint ...