Two primary drivers are prompting Permian Basin operators to increase their focus to the Delaware Basin. The first factor, according to East Daley Analytics, is the hunt for new oil resources.
PECOS, Texas — Welcome to the Permian Basin, six hours west of Dallas. Compared to the last West Texas oil boom in 2014, there's almost four times more oil flowing in the Permian Basin. Oil and gas ...
According to a new Dallas Fed survey, half of oil executives in Texas and the surrounding states say they’re not planning to ...
USGS estimates 28.3 Tcf of gas and 1.6 billion barrels of oil are technically recoverable in the deep Woodford and Barnett shales, challenging claims that U.S. shale resources are nearing exhaustion.
‘Massive’ untapped oil and gas reserves discovered beneath the Permian. What will it take to tap it?
The U.S. Geological Survey, the federal government’s earth sciences arm, discovered new oil and gas reserves in the Permian Basin — enough to supply the United States for 10 months. The USGS said ...
Record oil production in the United States is helping stabilize global supply as international tensions put pressure on energy markets. What to know Who: U.S. oil producers, ...
MIDLAND, TX (KCBD) - The U.S. Geological Survey has assessed significant undiscovered oil and gas resources in the Woodford and Barnett shales of the Permian Basin, finding 28.3 trillion cubic feet of ...
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