Permian Basin
News
May 04, 2026
Diamondback is ramping up Permian output, citing a “historic global deficit” as supply disruptions and rising prices push U.S. shale producers to respond.
News
May 04, 2026
Permian land firm EagleRock has launched an IPO that could raise nearly $400 million, underscoring continued investor interest in basin access and royalty assets.
News
May 01, 2026
The EPA will allow limited routine flaring at new oil wells beyond the 2026 phaseout deadline, offering operators added flexibility amid ongoing infrastructure constraints.
News
April 30, 2026
A new TIPRO report shows Permian and Texas oil production hitting record highs while flaring intensity drops sharply—highlighting how infrastructure gains are reshaping emissions trends.
Article
April
Despite flat activity over the past two years, 2026 for the Permian basin looks moderately promising. Middle Eastern hostilities have pushed up oil prices, as operators continue to squeeze out production gains through additional technology and efficiencies. Some modest output growth is therefore likely.
News
April 17, 2026
Texas upstream employment slipped early this year, but hiring demand remains strong, with more than 8,500 job postings in February, according to TIPRO.
News
April 15, 2026
The Permian basin holds an estimated 55,000 sub-$50/bbl drilling locations, according to Enverus, highlighting expanding low-cost inventory alongside emerging development sequencing risks.
News
March 16, 2026
Texas Railroad Commission Chairman Jim Wright said Texas oil and natural gas production remains strong in a letter to President Donald Trump, emphasizing the state’s role in supplying U.S. energy and supporting national security.
News
March 13, 2026
U.S. marketed natural gas production reached a record 118.5 Bcf/d in 2025, according to the EIA. Growth was led by the Appalachia, Permian and Haynesville regions, which together accounted for more than two-thirds of total U.S. gas output.
News
March 13, 2026
Mach Natural Resources reported a 109% increase in total proved reserves to 705 MMboe following acquisitions in the Permian and San Juan basins. The company also posted strong 2025 production of 154 MMboe/d and reaffirmed its 2026 development outlook.
News
March 11, 2026
Battalion Oil has agreed to acquire 7,090 net acres in Ward County, Texas, expanding its Monument Draw position in the Permian basin and adding new drilling locations targeting the Wolfcamp and Bone Spring formations.
News
March 03, 2026
Flowco has completed its $200 million acquisition of Valiant Artificial Lift Solutions, expanding its ESP and production optimization capabilities across the Permian and other key U.S. basins.
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.
