Oil giant Chevron is laying off almost 800 workers in the Permian Basin, according to a notice to the Texas Workforce ...

An oil and gas drilling rig was added to the Permian Basin last week for the first time since June, as oil production in the region spanning southeast New Mexico and West Texas was expected to dip ...

Production of the assets was estimated at about 7,000 barrels of oil equivalent per day (boe/d), about 4,000 barrels of oil per day bo/d, and was expected to grow to 8,500 boe/d and 4. The Permian ...

In 2024, the Permian region produced more crude oil than any other region, accounting for 48% of total U.S. crude oil production. Permian production also accounted for almost all the growth in ...

Major oil and gas companies in the Permian Basin plan to lean on the region in coming years as production continued its growth into the spring. The nation-leading oil and gas region that spans ...

The emphasis on environmental solution within the Permian Basin’s oil and gas industry followed reports that both oil and gas production was expected to grow this month, according to the Energy ...

An oil and gas operator based in Midland, Texas said it was expanding its presence in the Permian Basin in both the western Delaware and eastern Midland sub-basins in an about $1 billion deal.