Permian Basin
News
February 25, 2026
The Railroad Commission of Texas assessed more than $1.27 million in enforcement penalties across oil and gas and pipeline safety violations during its latest open meeting, issuing fines through a combination of default and agreed orders tied to regulatory compliance.
Article
February
Can Venezuela rebuild its oil sector without repeating the mistakes of the past? In this Executive Viewpoint, Texas Railroad Commissioner Wayne Christian argues that a transparent, market-driven regulatory model—not OPEC-style centralized control—offers the most credible path to restoring investment, stability and long-term production growth in the world’s largest resource base.
News
February 24, 2026
Ovintiv is directing nearly $2.3 billion in 2026 capital toward its Permian and Montney assets, targeting up to 275 net wells and increased oil output from its core North American basins.
News
February 24, 2026
Shale giant Diamondback Energy says fears of a global oil glut are easing as demand remains resilient, even as the Permian producer tests deeper drilling zones.
News
February 20, 2026
ConocoPhillips is evaluating a potential $2-billion sale of Permian basin assets in the Delaware basin as part of its broader portfolio streamlining and post-Marathon acquisition divestiture program, highlighting continued consolidation across the U.S. shale sector.
News
February 19, 2026
TIPRO has launched the Power Texas program with Arise Energy, offering Texas oil and gas operators access to competitive electricity procurement tools as power demand and electrification drive higher operating costs across the state.
News
February 10, 2026
Can Venezuela rebuild its oil sector without repeating the mistakes of the past? In this exclusive Op-Ed, Texas Railroad Commissioner Wayne Christian argues that a transparent, market-driven regulatory model—not OPEC-style centralized control—offers the most credible path to restoring investment, stability and long-term production growth in the world’s largest resource base.
News
February 03, 2026
Natura Resources and NGL Energy Partners are evaluating nuclear-powered desalination to treat produced water at scale in the Permian basin, addressing disposal and reuse challenges.
News
February 02, 2026
Flowco Holdings agreed to acquire Valiant Artificial Lift Solutions for about $200 million, expanding its ESP and artificial lift capabilities across the Permian basin.
News
January 30, 2026
Texas upstream oil and gas employment rose in December 2025 as extraction and support services added jobs, TIPRO reported, though full-year employment remained largely flat amid market volatility and efficiency gains.
News
January 30, 2026
SM Energy Company has completed its all-stock merger with Civitas Resources, Inc., creating a top-10 U.S. independent oil-focused producer with an expanded position across major shale basins, including the Permian.
News
January 29, 2026
Coterra Energy and Devon Energy are in advanced talks on a potential combination that could strengthen their Permian basin footprint and signal renewed consolidation across the U.S. upstream oil and gas sector.
News
January 21, 2026
Enverus’ 2025 ranking of the top U.S. public E&Ps shows production becoming increasingly concentrated at the top, with ExxonMobil holding No. 1 and Permian-focused operators widening the gap through scale and consolidation.
News
January 20, 2026
WT Oil & Gas and EnviroKlean have launched a solids-free produced water recycling system in the Permian basin, enabling high-volume reuse without sludge generation while lowering disposal costs and environmental risk.
News
January 16, 2026
The American Petroleum Institute and the Permian Strategic Partnership will host a workforce recognition event in Midland, Texas, this week, honoring the oil and gas employees who support U.S. energy security and regional economic growth in the Permian basin.
News
January 15, 2026
Coterra Energy is exploring a potential merger with Devon Energy, a deal that could rank among the largest shale consolidations in years. Talks are still preliminary, but an all-stock transaction would combine two major Permian basin producers amid renewed upstream M&A momentum.
News
January 06, 2026
Halliburton has launched the Hypersteer MX matrix-body directional drill bit, addressing erosion and abrasion challenges in high-flow shale wells to enable longer runs and reduced well construction time.
Article
December 2025
This article highlights the benefits of early intervention in maintaining well integrity, by detailing a well control case study in Texas.
Article
December 2025
H&P’s FlexRobotics™ system has reached its first commercial use in the Permian, where robotic arms are handling pipe-movement tasks typically performed manually. Following lab and field testing, the company is now evaluating the technology’s impact on crew workflow, rig-move times and operational consistency.
News
January 02, 2026
Wallstreet Sand Co. has brought dry frac sand operations online at its Kermit, Texas facility, expanding in-basin proppant supply to support Permian basin completion activity and logistics efficiency.
News
December 15, 2025
Crescent Energy has completed its all-stock acquisition of Vital Energy, creating a top-ten U.S. liquids-weighted independent E&P operator. The merger expands Crescent’s scale, strengthens free cash flow generation, and adds new board members as the company prepares 2026 guidance.
