As the booming U.S. onshore oil and gas industry matures and efficiency levels fall, less active Canadian shale plays stand ...

The Permian Basin accounted for 48% of U.S. crude oil production in 2024, driving most of the growth, according to the EIA.

Is the Permian Basin’s oil boom on the brink of a downturn? Discover how shifts in global energy trends could reshape the ...

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 Corporation CVX has planned to double down on innovation in the Permian Basin by scaling up its use of “triple-frac” technology. The technique will enable the company to fracture ...

Phillips 66 will build the Iron Mesa gas plant in the Permian Basin, expanding processing capacity and supporting NGL growth.