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.

“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 ...

Wyoming’s oil production has been rebounding since March 2023. However, the rebound was impacted by the January 2024 storm.

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 a ...

Exxon Mobil’s fourth-quarter adjusted profit managed to beat Wall Street’s expectations, as the oil and gas company increased production in Permian and Guyana Exxon Mobil posted strong fourth ...

Coterra completed the purchase of additional stakes in the U.S. Permian Basin from ... for oil and 720,000–760,000 barrels of oil equivalent a day (boed) for total production.

(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 ...

Exxon Mobil posted strong fourth quarter profits as the oil and gas company increased production in the Permian basin at home, and in Guyana. The Texas company earned $7.61 billion, or $1.72 per ...