News

As the booming U.S. onshore oil and gas industry matures and efficiency levels fall, less active Canadian shale plays stand ...
U.S. rig count drops for a second week, hitting its lowest since January as drilling activity slows nationwide, with Texas ...
The company will acquire about 13,320 net acres, 8,700 net royalty acres, and expected second-half production of 12,000 boe/d ...
Permian Basin oil production could plateau sooner than expected amid economic headwinds, Occidental CEO Vicki Hollub warns.
Midland Reporter-Telegram on MSN5d
Diamondback CEO: US oil production has peaked
Diamondback Energy warns U.S. oil production may decline as drilling activity and rig counts drop in the Permian Basin.
The total number of active drilling rigs for oil and gas in the United States slipped this week, according to new data that Baker Hughes published on Friday, following a 3-rig decrease last week.
ExxonMobil is benefitting from its Pioneer acquisition, Guyana development and many other upstream and downstream projects.
We’re a little over 100 days into this new administration and, ‘Good Lord.' There’s been a tremendous amount of volatility ...
Capital expenditures were slightly below plan primarily due to the timing of activities in the DJ Basin, which shifted some capital into the second quarter. Permian Basin activity for the quarter ...
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.