Areas of Central and South Texas, including in the Austin and San Antonio regions, have felt substantial tremors lately. What ...

Furthermore, Janela notes Permian Resources’ potential for growth through acquisitions, as the company is seen as more of a buyer in the near term. The recent initiatives to enhance natural gas ...

Block VII’s geology suggests potential for oil in Triassic and Permian reservoirs, which remain underexplored in Mongolia. The block has been lightly explored in the past, with limited 2D ...

It’s full steam ahead for oil producers in the mighty Permian Basin. But for other maturing Lower 48 basins, the train may be leaving the station. Crude production across the Lower 48, outside of the ...

A flare burns off methane and other hydrocarbons as oil pumpjacks operate in the Permian Basin in Midland ... 2024. The U.S. Geological Survey said it’s highly likely the quake was caused ...

“The Permian is going to be one of the last remaining basins, I believe, to produce oil in the world.” Permian oil production averaged 6.36 MMbbl/d in the third quarter, according to U.S. Energy ...