News

The Permian's outlook depends on price and demand, with future growth likely tied to higher oil prices and fewer, larger ...
Vivakor, Inc’s (NASDAQ:VIVK) announced Tuesday that its growth strategy is anchored in the Permian and Eagle Ford Basins, ...
The Permian Basin now produces over 6 million bpd, with Wood Mackenzie projecting a peak of 7.7 million bpd by 2035.
A key data release may underline how the US oil industry is reining in production growth in response to lower prices.
Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. In a recent article, I provided a firsthand look at the ...
EOG Resources is making a big bet on an Ohio oil boom with the $5.6 billion acquisition of leading Buckeye State producer ...
The Permian Basin, a region spanning west Texas and eastern New Mexico, is the once and future heart of the greatest oil and gas boom in American history, a frenzy of production triggered by the ...
Fracking, the increasing use of which has driven the past decade’s oil and gas boom, has been central ... gas executive and former chair of the Permian Basin Petroleum Association, put it.
Oil fields are just as quick to make fortunes as break them. The 1901 Spindletop gusher in Texas jumpstarted the petroleum age, crashing oil prices. A mere two years later, over-extraction drove the ...
Wallace had seen firsthand how the shale boom and fracking had grown ... A method used to extract oil and natural gas, pioneered in the Permian Basin and now widespread and controversial due ...
Natural gas has become a go-to fuel for power plants from coast to coast, sometimes replacing dirtier coal-fired plants and, ...
Vivakor said it owns and operates 10 strategically located pipeline injection stations in the core Permian Basin in Texas and New Mexico. These facilities receive and aggregate crude oil ...