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

US rig count drops to 584 as Permian Basin drilling hits its lowest level in over three years, reflecting a nationwide ...

Nearly 50% of remaining 2025 oil production hedged with an average floor price of $68 per barrel WTI Approximately 40% of remaining 2025 natural gas production hedged with an average floor price of $3 ...

Diamondback Energy warns U.S. oil production may decline as drilling activity and rig counts drop in the Permian Basin.

Q1 2025 Management View President Avigal Soreq announced a record quarterly adjusted EBITDA of $117 million and reiterated the full-year guidance of $480 million to $520 million. He highlighted the ...

Exxon Mobil Corp. and Chevron Corp. are likely to shoulder more of the Permian Basin’s oil growth as independent producers ...

We’re a little over 100 days into this new administration and, ‘Good Lord.' There’s been a tremendous amount of volatility ...

ExxonMobil is benefitting from its Pioneer acquisition, Guyana development and many other upstream and downstream projects.

The CEO of Diamondback Energy said in a letter to shareholders that falling oil prices will lead to a decline in US ...

U.S. crude oil prices rose more than 4% to $59.56 per barrel Tuesday as domestic production is expected to decline.

Diamondback Energy predicts that peak onshore crude oil production in the United States has been reached and will decline due ...

While the Permian Basin—including its Midland eastern lobe ... most bountiful inventory when factoring in its slower pace of activity compared to the hyperactive Delaware, according to Kimmeridge.