The lucrative Permian Basin still holds between 60 and 70 billion barrels of unharvested oil, IHS Markit Ltd said this week. The recoverable resources in the basin shared by Texas Continue Reading
Energy researchers at IHS Markit have completed the first, three-year phase of a massive Permian Basin research project that models and interprets the giant basin’s key geologic characteristics to better Continue Reading
U.S. shale producers are making more money now than at the time when oil prices were much higher as they have become more efficient, U.S. independent shale oil producer WPX Continue Reading
The motor vehicle was very quick to replace horses in the early 20th century, and the advent of the electric car suggests that another profound shift in transportation and energy Continue Reading
What’s unusual, and unnerving, is that the Permian is still thrumming with activity after prices cratered for the stuff it pumps out. (Bloomberg) — Steve Pruett has seen more than Continue Reading
Oil major Chevron Corp will next year invest around $4 billion to ramp up its crude production in the Permian Basin area of the United States, a company executive said Continue Reading
The world’s top shale play, the Permian, has shown remarkable resilience amid the lower-for-longer oil prices. Permian production has grown and should continue its rise into the foreseeable future. Technological Continue Reading
Landfills in Colorado have begun to fill their space with low-level radioactive substances from oil and gas activities, state health officials have said , according to the local news site Continue Reading
CEOs and boards are focusing on the wrong metrics. But if they change their ways, the opportunity could be great. This opinion piece presents the opinions of the author. It Continue Reading
Both sides in the debate over hydraulic fracturing claimed victory with a federal appeals court in Denver ruling on federal powers. The 10th U.S. Circuit Court of Appeals overturned a Continue Reading
