Permian Basin
News
October 31, 2025
ExxonMobil reported Q3 2025 earnings of $7.5 billion and record upstream production of 4.8 million boed, led by new output from Guyana’s Yellowtail project and record volumes in the Permian basin. The company also took FID on Hammerhead and expanded its Permian acreage with a Sinochem acquisition.
News
October 27, 2025
WellSense has completed a successful U.S. field trial of its jet-propelled FiberLine Intervention Conveyance System (FliCS) in the Permian basin. The breakthrough fiber optic technology enables rapid, low-risk well diagnostics in horizontal wells.
News
October 09, 2025
A new S&P Global Commodity Insights analysis finds absolute greenhouse gas emissions from the Permian basin have fallen nearly 20% since 2022, even as oil and gas production increased by about 500,000 barrels per day.
Article
September 2025
News
October 08, 2025
Civitas Resources and SM Energy are discussing a merger of equals that reflects the next wave of consolidation among U.S. shale producers. The potential combination would strengthen both companies’ Permian basin operations and enhance efficiency.
News
October 07, 2025
The Texas Railroad Commission has established the State Task Force on Petroleum Theft (STOPTHEFT) to address rising oilfield crime. The 13-member group includes leaders from ConocoPhillips, Diamondback Energy, and the Texas Oil & Gas Association, alongside state and federal law enforcement.
Article
September 2025
This article introduces a patent-pending, three-speed helical flow conditioner for multiphase cyclonic sand separation, detailing its design rationale, operating principles, and early field results from the Williston and Permian basins.
News
October 02, 2025
The Railroad Commission of Texas (RRC) has assessed more than $1.5 million in penalties against oil and gas operators and businesses during its latest open meeting, underscoring the agency’s continued focus on regulatory enforcement and compliance across the industry.
News
October 02, 2025
Berkshire Hathaway has agreed to buy Occidental Petroleum’s OxyChem unit for $9.7 billion in cash, marking Berkshire’s largest deal since 2022. Occidental plans to use $6.5 billion of proceeds to cut debt below $15 billion, reinforcing its strategy to prioritize long-term oil and gas development in the Permian basin.
News
September 19, 2025
Texas upstream oil and gas employment ticked upward in August, with direct jobs reaching 205,100, according to new data from the Texas Independent Producers and Royalty Owners Association (TIPRO).
News
September 11, 2025
The Permian Strategic Partnership (PSP) has appointed Jack Harper as its new chairman, strengthening leadership for one of the most influential coalitions in the U.S. oil and gas industry. Harper, a longtime Permian exec, will guide PSP’s growth mission for the region.
News
September 02, 2025
Between 2020 and 2024, total crude oil and lease condensate production in the United States grew by 1.9 million barrels per day (bpd), 93% of which was produced from just 10 counties in Texas and New Mexico, according to a new report from the Energy Information Administration (EIA).
News
August 29, 2025
Following approval of the 450-mile Eiger Express Pipeline project connecting the Permian basin to Gulf Coast markets, Texas Railroad Commissioner Wayne Christian issued a statement of support, emphasizing the importance of infrastructure in meeting energy demand.
Article
August 2025
Cavitation Technologies, Inc., specializes in development of advanced cavitation-based fluid processing systems. Their core innovation is the hydrodynamic cavitation Nano Reactor®, which has broad usage, including applications that may help to cost-effectively mitigate some of the industry’s produced water problems.
News
August 29, 2025
Texas Railroad Commissioner Wayne Christian on Friday praised a new report showing that operators in the Permian basin have reduced methane intensity by 50 percent since 2022, even as oil and natural gas production surged to historic highs.
News
August 25, 2025
Crescent Energy today announced a definitive agreement to acquire shale rival Vital Energy in an all-stock transaction valued at approximately $3.1 billion. The merger positions Crescent as a top 10 independent producer, with a scaled and focused asset portfolio across the Eagle Ford, Permian and Uinta Basins.
Article
August 2025
For all the oil and gas industry doubters out there, some interesting news surfaced recently. According to a new analysis by S&P Global Commodity insights, the methane intensity of oil and gas production in the Permian basin declined more than 50% during the 2022-2024 period.
News
August 19, 2025
"We’re active in the Permian, but we also look for opportunities in areas like the Barnett shale, where competition is lower, pricing can be more favorable, and the right deals can deliver strong, stable returns,” said Rising Phoenix's CEO.
News
August 15, 2025
TechTAC® has secured a U.S. patent for its Slimline® QuickSet™ Tubing Anchor Catcher (TAC). The reduced revolutions required to set the Slimline QuickSet TAC allows petroleum engineers and operators more flexibility in the design and deployment of their downhole production strings.
News
August 07, 2025
Occidental has raised $950 million through recent Permian asset sales and repaid $7.5 billion in debt since July 2024, continuing its post-CrownRock strategy to streamline operations and strengthen its balance sheet.
News
July 28, 2025
Enterprise Products Partners LP, one of the largest pipeline operators in the Permian basin, sees oil production in the region holding up this year despite an expected drop in crude prices.
