U.S. energy companies have flocked to the Permian to increase their inventory. Lying between Texas and New Mexico, the basin's shale oil output is highly productive, with large undeveloped ...

Houston operator Coterra Energy will spend US$3.95 billion to buy 49,000 net acres and 125 miles of pipelines in the Permian basin from a pair of Denver-based companies, Franklin Mountain Energy ...

Coterra’s New Mexico locations will increase by about 75% and its Permian locations by about 25%. The assets have an average lateral length of 9,500 ft and the deals include approximately 125 miles of ...

NEW YORK, (Reuters) – Top U.S. oil producer Exxon Mobil Corp (XOM.N), has agreed to sell conventional oil drilling assets in the Permian Basin of Texas and New Mexico to privately-owned ...

Exxon Mobil Corp. will offload some of its conventional oil assets in the Permian Basin, selling to Hilcorp Energy for approximately $1 billion, according to industry insiders who spoke to Reuters ...

The Permian basin remains a key strategic focus with gathering & processing capacity to rise ~25% through YE25 on several high-scale startups. The acquisition of WTG Midstream will expand ET's ...

Diamondback Energy Inc. is exploring partnerships to develop natural gas-fired power plants in the Permian Basin in order to capture more value from associated gas in the oil-rich play.

The 325-mile Warrior pipeline would run from the Permian Basin to an interconnect south of Dallas. Gas would then move on Energy Transfer’s pipeline systems to hubs near the Texas coast at Katy ...

Europe can’t be the world’s “herbivore” anymore following Donald Trump’s reelection as the United States president, according to Emmanuel Macron. It needs to become an “omnivore” instead. The French ...

Edwards tells Big 2, companies are keeping their eye on environmental regulations, shipping oil across the world from the Permian, but most importantly the strategic petroleum reserve. “The Biden ...

MIDLAND, Texas, November 06, 2024--(BUSINESS WIRE)--Permian Resources Corporation ("Permian Resources" or the "Company") (NYSE: PR) today announced its third quarter 2024 financial and operational ...