Some areas in the Permian have hit geological limits while others, yet to be drilled, are not expected to be as prolific as the prime Tier 1 acreage. Despite record U.S. crude oil production ...

U.S. oil producers are grappling with geological limits to production growth as the country's top oilfield ages and produces ...

For more information, visit the Petroleum Professional Development Center website at > Oil & Gas Training or telephone 432-683-2832 Permian Basin Environmental Regulatory Seminar May 1, 2025, 7:30 a.

The Permian Basin accounts for nearly 40% of all oil production and nearly 15% of natural gas production in the U.S., according to the Federal Reserve Bank of Dallas. It spans more than 86,000 ...

Chevron (NYSE:CVX) plans to increase the use of a technique known as "triple-frac," in which it fractures subterranean rock in three wells at a time in the Permian basin, in an effort to cut the ...

Fort Worth, Texas-based U.S. Energy Development Corporation (USEDC) said it has acquired approximately 20,000 net acres in Reeves and Ward Counties, Texas, expanding its total Permian Basin holdings.