East Daley Analytics issued its projections for 2025 and projects oil output to rise from 13.14 million barrels a day in 2024 to 13.64 million barrels a day in 2025. The Permian Basin will once ...

Aging and abandoned oil wells in West Texas are causing significant environmental damage, public health risks, and financial ...

It’s been called the longest conveyor belt in America and it’s right here in the Permian Basin, the heart of America’s oil ...

The oil and gas industry has long been a cornerstone of the Texas economy, and has brought a flood of new jobs and money to the Permian Basin in recent years as production has climbed to new highs.

PR, like its namesake, is exposed to the Permian Basin that has become the backbone of the American Oil boom, as it now accounts for nearly 50% of U.S. crude production. Furthermore, PR is ...

Wastewater volumes in Texas’ Permian Basin have increased to about a billion gallons per day. Treating it would take more energy than used by most states.

Permian Basin Royalty Trust was created in 1980 ... Since 1995, when the company expected 14 years of production, oil and gas reserves have increased despite 30 years of production.

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 ...

The Permian Basin is the largest oil-producing region in the United States, but energy production requires substantial water resources. As water scarcity becomes a growing concern, the PBWIEC ...