News

Supply chain disruptions and policy decisions can significantly change these costs for oil companies — and consumers.
U.S. oil major Chevron plans to increase the use of a technique that allows it to fracture subterranean rock in three wells ...
Chevron (NYSE:CVX) plans to increase the use of a technique known as "triple-frac," in which it fractures subterranean rock ...
A plunge in oil prices below $60 per barrel due to an escalating trade war may trigger anxiety across the U.S. oil patch, ...
A total of 32 US states pump oil, but just over 42 percent of the country’s crude oil production comes out of Texas, ...
The three major Permian Basin pooled oil and gas projects that ... As is now common in Permian oil fields, some existing and possible wells are projected to utilize multi-leg horizontal and ...
EON Resources Inc. (NYSE American:EONR) (”EON” or the “Company”) is an independent upstream energy company with oil and gas properties in the Permian Basin. Given the current volatility in the market, ...
The Permian Basin, both a hallmark of Texas's energy production and the top-producing oil field in the U.S., has reached a remarkable milestone in 2023 with a methane intensity of only 0.49 metric ...
Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) announced that it has completed its previously-announced acquisition (the “Transaction”) of the Central Basin Platform (“CBP”) assets ...
Chevron started using triple-frac in the Permian for the first time last March. Jeff Newhook said in an interview that the company will use triple-frac on 50-60% of its wells this year. This is up ...
Mentor Capital, Inc. (OTCQB: MNTR) announced that in an all-cash transaction it has added eight additional lots to its recent holdings of various royalty interest participations in the West Texas ...