IOG Resources II LLC of Dallas has formed a joint development partnership with Elevation Resources LLC of Midland, sponsored ...

In 2018, Devon Energy embarked on a series of shrewd capital allocation moves that included selling its EnLink Midstream interest, divesting its Canadian heavy oil and Barnett Shale interests ...

Those secondary benches include deeper Wolfcamp zones in the Delaware and Barnett Shale in the Midland Basin. “With total Permian unconventional development, we talk about primary benches ...

Elevation Resources LLC, Midland, Tex., plans a 2025 drilling program consisting of 10 horizontal Barnett wellbores in the Permian basin in Andrews County, Tex. Elevation Resources LLC ...

comes as the second-largest U.S. oil producer expects to continue growing output in the Permian, the biggest U.S. oilfield, even as it begins to slow spending in the basin. The shale oil ...

The Permian basin was the centerpiece of the shale revolution that began nearly two decades ago and spurred the U.S. to become the world's top oil producer, stealing market share from the ...