Growth in oil production from the Permian Basin is expected to slow by at least 25% in 2025 despite President Trump's pledge to boost U.S. output, energy executives said this week at the Argus ...

The multinational giant reported earnings of $7.61 billion or $1.72 per share for the quarter, fueled in large part by what the company calls advantaged assets in the Permian Basin and Guyana in ...

Diamondback Energy said on Tuesday it would buy certain units of EnCap Investments-backed energy producer Double Eagle for $4 ...

Fort Worth-based Double Eagle owns more than 95,000 net acres in the Midland portion of the Permian Basin ... U.S. oil field. Permian Resources (PR) has an impressive earnings surprise history ...

investments that helped the company set oil and gas production records that were driven in part by Permian basin output climbing 18% in 2024. This year, total capex is projected to be about $15 ...

Two large earthquakes that hit the Permian basin, the top U.S. oilfield, this week have rattled the Texas oil industry and ...

ExxonMobil posted strong fourth quarter profits as the oil and gas company increased production in the Permian Basin at home, and in Guyana. The Texas company earned $7.61 billion, or $1.72 per ...

Viewed in historical context, Perryman said, the current production levels in the Permian Basin of 6 million barrels of oil and 26 billion cubic feet of natural gas per day are truly remarkable.

(Bloomberg) -- Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike ...