News

The winning numbers in Thursday evening’s drawing of the "Delaware Play 5 Night" game were: The city of Midland has granted Double Bar Saloon a specific-use designation (SUD) allowing them to once ...
Transocean's revenue and rig utilization are improving, but shrinking backlog and rising net debt remain significant concerns ...
Matador Resources' midstream business is attractive due to its large infrastructure footprint and third-party customer base.
While the Permian Basin—including its Midland eastern lobe and Delaware western lobe—in West Texas is by far the king as it amazingly produces almost half of record-high U.S. crude oil ...
Permian Resources agreed to acquire northern Delaware basin acreage from APA Corp. in a $608-million bolt-on deal. Permian Resources Corp., Midland, has agreed to acquire northern Delaware basin ...
The agreement will give the Midland, Texas-based oil and gas developer 13,320 net acres and 8,700 net royalty acres in the northern part of the Delaware Basin, a Permian sub-basin. The acreage ...
Basin Properties is a Midland, Texas-based surface and oilfield water midstream company focused on water sourcing and transfer services in the Delaware Basin. It was established in 2018.
US oil and gas rig counts hit their lowest since 2021 as drilling activity slows due to lower prices and market uncertainty.
As the booming U.S. onshore oil and gas industry matures and efficiency levels fall, less active Canadian shale plays stand to benefit with arguably the best combination of quality inventory and ...
APA said it is lowering its 2025 spending plan by $175 million to protect cash flow amid uncertainty in commodity prices.
Having scrambled to accommodate the massive growth in the Permian Basin, Plains All American is ready for the next stage of Permian oil and natural gas. “A lot of cash was spent, and debt rose during ...