U.S. Energy Development Corp. plans to invest up to $1 billion in the Permian Basin, focusing on the Delaware and Midland ...

Driverless trucks have been carrying loads of sand in New Mexico’s oil patch as a Texas company tests its newly equipped “robotrucks” in the Permian Basin. Two semitrailer trucks owned by Atlas Energy ...

HOUSTON, Feb 6 (Reuters) - Growth in oil output from the U.S. Permian basin, the country's top oilfield ... to 300,000 bpd from the shale formation spread across Texas and New Mexico, down ...

Growth in oil output from the U.S. Permian basin, the country's most prolific formation, is expected to slow by at least 25% this year despite President Donald Trump's vow to maximize production, ...

While self-driving systems have become much more common in recent years and public acceptance of them has grown, an official at a California-based company that recently helped bring the technology ...

Andy O’Brien, senior vice president of strategy, commercial, sustainability and technology, said during the earnings call that divestitures involved “noncore Permian assets, and we’ll expect ...

Ecopetrol S.A. EC, a Colombian state-owned energy firm, has announced an extension of the development plan of Rodeo Midland Basin LLC with its joint-venture partner Occidental Petroleum OXY. Per ...

Argent Trust Company, as Trustee of the Permian Basin Royalty Trust (NYSE: PBT) ("Permian" or the "Trust") today declared a cash distribution to the holders of its units of beneficial interest of ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

Five years ago, U.S. Energy Development Corp. entered the Permian Basin. The company has dramatically expanded its footprint, not just in the Permian, but other basins as well. Its successful ...