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 ...

CEO Clint Green highlighted record financial and operational performance for Q4 and full-year 2024, with achievements across revenue, adjusted gross margin, adjusted EBITDA, and distributable cash ...

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 ...

HOUSTON, Feb 6 (Reuters) - Growth in oil output from the U.S. Permian basin, the country's top oilfield ... Chevron CEO Mike Wirth said he believes Permian operators will keep capital spending ...

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 ...

Advances in hydraulic fracturing, combined with advances in horizontal drilling, helped unleash the Permian Basin's shale revolution. Now those advances are being made in automation, and Halliburton ...

Argent Trust Company, as Trustee of the Permian Basin Royalty Trust (NYSE ... LLC ("Blackbeard"), the operator of properties in the Waddell Ranch, in Crane County, Texas, in which the Trust ...

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 ...

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 ... as non-operator. Jayson said the company had focused initially in the Delaware, then shifted focus to the Midland Basin ...