US oil producers face challenges maintaining margins with WTI crude prices hovering around $60 per barrel due to corporate ...

Mora Energy Holdings, backed by $250M, seeks new energy infrastructure opportunities, focusing on the Permian Basin.

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 ...

The Permian Basin accounts for nearly 40% of all oil production and nearly 15% of natural gas production in the U.S.

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 ...

The Permian Basin continues to be the heartbeat of the U.S. oil industry, driving growth and efficiency across the sector. With steady production gains, technological advancements and strategic ...

Chevron's expansion of the technique, known as triple-frac, comes as the second-largest U.S. oil producer expects to continue growing output in the Permian ... field, the Denver-Julesberg basin ...

Meanwhile, wastewater volumes in Texas’ Permian Basin, the nation’s most productive oil field, have increased sharply in recent years to a staggering 25 million barrels, or about a billion ...

In 2024, Chevron’s average daily output from the Permian basin stood at 405,000 barrels of oil, 251,000 barrels of NGLs, and 1.6 billion cubic feet of natural gas. Chevron aims to reach 1 ...