U.S. Energy Development Corp. plans to invest up to $1 billion in the Permian Basin, focusing on the Delaware and Midland ...

At Kellus Turner Community Center, Permian Basin Red Cross (PBRC) held their "Sound the Alarm" event. Red Cross volunteers gave away and/or installed 240 smoke alarms to about 60 families across ...

Ian writes on fossil energies, climate, and transition to renewables. The Permian remains the premiere U.S. basin. The peak of crude oil production in the Permian before the pandemic was 4.9 MMbpd.

The Permian races ahead of pandemic lows. One year ago, the Permian basin in West Texas and New Mexico had just reached 5 million barrels per day (MMbpd) which was almost half of the total US ...

(RTTNews) - Ecopetrol S.A. (EC) Monday announced that its subsidiary, Ecopetrol Permian LLC, and Occidental Petroleum Corporation have agreed to extend the development plan for Rodeo Midland Basin ...

US Energy Development Corporation (USEDC) has announced plans to invest up to $1bn in the Permian Basin during 2025. This decision follows a “record-breaking” year for the exploration and ...

A number of topics were discussed, like the amount of oil production in the Permian Basin -- six million barrels per day. It was a packed house inside the Bush Convention Center in Downtown ...

In 2023, USEDC closed 19 transactions and deployed nearly $600 million, most in the Permian Basin, with other projects in the Barnett, Haynesville, and Powder River basins. "Our long-term ...