Permian Basin
Article
July
During the final six months of his term, Texas Railroad Commission Chairman Jim Wright intends to work on a variety of priority issues, not the least of which is to reach agreements to obtain Canadian heavy crude to blend with Texas light oil.
Article
July
For operators in the Permian basin, achieving the fastest and lowest risk path to production is about more than drilling speed alone. Deploying technologies that can enhance drilling performance and ensure robust well integrity can deliver your well, as planned, and protect longer term production revenue.
News
July 24, 2026
Vitol has agreed to sell its U.S. upstream company, VTX Energy Partners, LLC, to Houston-based Verde Operating Company, LLC, for an undisclosed amount, the companies announced.
News
July 23, 2026
Matador Resources will acquire Paloma Permian for $1.28 billion, adding more than 16,000 net acres in the Delaware basin, while reporting strong initial results from its first Woodford exploration well in southeast New Mexico.
Article
July
The Permian basin remains at the forefront of North America’s unconventional resource development, presenting both immense opportunities and ongoing challenges in well construction. Recent advances in drilling technologies are reshaping approaches to extended-lateral well delivery, operational efficiency and sustainable field practices.
News
July 16, 2026
Vitol is reportedly in late-stage talks to sell Delaware basin producer VTX Energy Partners to private equity firms Carnelian Energy Capital and EnCap Investments in a deal valued at approximately $2.3 billion, according to Bloomberg.
Article
July
Companies are moving away from diesel power to reduce emissions and capture efficiencies, but even greater gains can be achieved with the right matchup of power sources and pumps.
News
July 13, 2026
Northern Oil and Gas reaffirmed its 2026 production and capital spending guidance after improving Permian conditions, while highlighting new Ground Game acquisitions and the closing of its Duvernay joint development deal.
News
June 26, 2026
Evolution Well Services has received ExxonMobil's 2025 Supplier Excellence Award for its operational performance and electric hydraulic fracturing support in the Permian basin.
News
June 24, 2026
U.S. Steel is investing $475 million in a new heat-treatment line at its Fairfield Tubular Operations, expanding OCTG production capacity to support growing demand from major U.S. oil and gas basins, including the Permian, Eagle Ford and Haynesville.
Article
June
Severe gas slugging in unconventional Permian basin wells creates unstable intake conditions that can disrupt ESP operation and reduce run life. Field results show that the Hydro-Helical™ Slugger gas separator from Summit ESP®, a Halliburton service, reduced the duration and frequency of no-flow events, improved pump stability, lowered motor temperatures, and increased productive pumping time.
News
June 22, 2026
Chevron has signed a 20-year agreement to supply power to a Microsoft-operated data center from a planned 2.67-GW West Texas project, highlighting the growing role of Permian natural gas in supporting AI-driven electricity demand.
News
June 19, 2026
Texas' upstream oil and gas sector added 4,100 jobs in May, according to TIPRO, as hiring activity accelerated and strong export demand reinforced the state's position as a leading supplier of crude oil and LNG to global markets.
News
June 18, 2026
The Railroad Commission of Texas is expanding its DOGE Task Force initiative, targeting regulatory efficiency improvements through digital modernization, permitting transparency, inspection consistency and enhanced stakeholder engagement.
News
June 09, 2026
A new report from the Permian Strategic Partnership highlights the Permian basin's growing economic influence, supporting more than 940,000 U.S. jobs, contributing billions in economic activity and accounting for nearly half of projected U.S. oil production by 2027.
News
June 07, 2026
The Railroad Commission of Texas assessed more than $1.1 million in enforcement penalties against operators and businesses during its latest open meeting, including fines issued through both default and agreed orders related to oil and gas and pipeline safety compliance.
News
June 02, 2026
The Petroleum Hall of Fame has opened nominations for its 2027 induction class, recognizing individuals whose contributions have helped shape the Permian basin and the broader petroleum industry. The nomination deadline is July 31, 2026.
News
May 28, 2026
Texas Railroad Commissioner Wayne Christian applauded nation-leading Texas oil production growth, citing new data showing continued strength in Texas drilling activity and steady employment gains in the upstream sector.
News
May 27, 2026
Dallas Fed President Lorie Logan warned that U.S. shale producers may be unable to offset global oil and natural gas supply disruptions if shipping through the Strait of Hormuz does not return to normal levels soon.
News
May 22, 2026
A federal oil and gas lease sale covering Permian basin acreage in Texas and New Mexico generated more than $4 billion, marking the largest onshore lease auction in U.S. history as operators ramp up drilling activity amid stronger oil prices and pro-development policy shifts.
News
May 19, 2026
Kimbell Royalty Partners has agreed to acquire $147 million in Permian basin mineral and royalty interests from Mesa Royalties, expanding its exposure across the Delaware and Midland basins.
