Tag Archives: Permian Basin
The booming Permian Basin, which is already on target to hit record-setting output this year, could double crude oil production in the next 5 years, according to a new IHS Markit report.
Over the course of two days, the growing frac sand industry came into focus during two Texas House hearings.
Texas is making billions from oil and gas drilling, but counties say rural roads are being destroyed
Damage from heavy trucks has battered local roads in and around the state’s oil fields, and many counties want the state to help pay for repairs and maintenance. Will lawmakers take action?
A survey released this week predicts good health for the US energy industry. The results could have especially positive implications for producers in the Permian Basin. The survey, issued twice a year, polls a variety of oil and gas executives across … Continue reading
When the last oil boom in the Permian Basin screeched to a halt in 2014, something unexpected happened — families stuck around. Now, with production ramping up again, all corners of the community are feeling the effects of population growth. … Continue reading
Fracking technology is the reason oil production in the Permian Basin is way up.
An oil and natural gas company in West Texas’ Permian Basin is set to become the largest drilling operation in the region after a deal worth $9.5 billion dollars.
New research says oil production in the Permian Basin reached record-breaking levels in 2017.
Here in West Texas, there are two major searches ongoing. While companies in the Permian Basin seek more deposits of oil and gas underground, astronomers at McDonald Observatory are searching the sky for an answer to the question: what is … Continue reading
Cost-cutting and advances in drilling technology are helping companies withstand persistently low oil prices.