Permian E&P Ring Energy is cutting spending and prioritizing debt reduction with oil prices hanging around $65/bbl.

Two companies are teaming up to advance development of the Barnett Shale in the Permian Basin. IOG Resources II LLC of Dallas has formed a joint development partnership with Elevation Resources LLC of ...

MIDLAND, Texas — Two individuals have been arrested and one victim rescued following a human trafficking investigation in the Permian Basin, according to the Texas Department of Public Safety. The ...

IOG Resources II (IOGR II), backed by First Reserve, and Elevation Resources, backed by Pine Brook Partners, have entered into a Permian Basin development partnership, Dallas-based IOG said in an ...

XOM’s strong presence in the prolific Permian Basin and Guyana has consistently resulted in increased production capacity. ExxonMobil also has heavy investments in U.S. shale and global ...

US shale oil producers are facing their gravest ... there could be “devastating events” in the Permian Basin — the world’s most prolific oilfield and the engine room of the US industry.

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 ...

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 ...

ODESSA, Texas (KMID/KPEJ)- The University of Texas Permian Basin has officially named Dr. Lyndsay Eiben as the new Director of Bands, ushering in a new era for the university’s music department. In ...