Permian Basin
News
June 14, 2019
Parsley Energy Inc. said it would be “attractive” for any potential buyer as the U.S. shale driller expects to generate positive free cash flow in the back half of this year.
News
June 02, 2019
Oil explorers deployed more rigs for the first time in four weeks as shrinking drilling costs outweighed concern about sliding crude prices.
News
May 30, 2019
Oil giants probably won’t be buying up the Permian basin’s struggling independent drillers any time soon.
News
May 30, 2019
Siemens was awarded a contract to provide three residue compression trains for two, 250 MMcfgd cryogenic gas plants in the Delaware basin.
News
May 29, 2019
Kimmeridge Energy Management fell short in its efforts to revamp the board of PDC Energy Inc. with investors in the driller opting to reelect incumbent directors.
News
May 29, 2019
Danos has recently entered into a contract with an independent land company based out of Dallas, Texas, to transition 50-60 crew members in a variety of positions.
News
May 29, 2019
Exterran Corporation, a global systems and process company offering solutions in the oil, gas, water, and power markets, announces its Water Solutions business has secured a significant produced water treatment contract with a major operator in the Midland area of the Permian basin.
News
May 19, 2019
ExxonMobil has said a new study estimates the company’s development of Permian Basin resources in New Mexico will generate approximately $64 billion in net economic benefits for the state and local communities over the next 40 years, creating thousands of new jobs and providing increased funding for education, health and human services and infrastructure improvements.
News
May 16, 2019
Thirteen Wood employees working in the US Permian shale basin were recently recognized in front of a 200-strong group of team mates by Wood’s chief executive, Robin Watson and Asset Solutions Americas CEO, Andrew Stewart.
News
May 15, 2019
“Alpine High is like a giant onion, with the company learning more about the discovery as we peel back each subsequent layer,” Apache CEO John Christmann.
News
May 15, 2019
Exports of the Permian basin’s newest kind of oil are set to jump as production surges, exceeding the appetite of U.S. refiners.
News
May 13, 2019
While the $38 billion takeover of Anadarko could cause a wave of U.S. consolidation, the market for energy deals north of the border remains frigid.
News
May 10, 2019
Crude explorers deployed fewer rigs in U.S. fields this week amid an escalating U.S.-China trade war that weighed on oil prices.
News
May 06, 2019
Activist investor Lion Point Capital has built a position in Carrizo Oil & Gas Inc. and wants the driller to explore a sale or merger with another Permian explorer to gain scale.
News
May 01, 2019
Oilfield Helping Hands (OHH), a nonprofit charitable organization comprised of volunteers devoted to providing assistance to oilfield workers in financial crisis, will be hosting its first Black Gold Bash at the La Hacienda Event Center in Midland, Texas on June 14, 2019.
News
April 29, 2019
Jerry Morales, mayor of Midland, Texas, the unofficial capital of the Permian basin, has a chance to break from the boom and bust pattern.
News
April 19, 2019
Texas oil centers Midland and Odessa were among the fastest growing U.S. metros in 2018.
News
April 16, 2019
Solaris is closing in on water deals with other companies as explorers increasingly outsource one of the key components of fracing.
News
April 14, 2019
Amidst the world's focus on climate change and transition to natural gas, the world’s biggest energy companies are focusing on where it all began: American oil.
News
April 12, 2019
Chevron’s $33 billion bid for Anadarko may presage a new Permian buying spree, with Pioneer and Concho among the next prime targets.
News
April 11, 2019
The Permian Basin has produced so much natural gas that by the end of 2018 producers were burning off more than enough of the fuel to meet residential demand across Texas.
