News

Midland Reporter-Telegram on MSN18h
Permian Basin leads U.S. oil production growth in 2024, EIA reports
The Permian Basin accounted for 48% of U.S. crude oil production in 2024, driving most of the growth, according to the EIA.
Hart Energy8d
US Energy Development Acquires 20,000 Acres in Permian
U.S. Energy Development Corp.’s deal to buy 20,000 net acres in the Permian is the largest acquisition in the company’s ...
justthenews10d
Permian Basin producers continue to break production, methane reduction records
The Permian Basin accounts for nearly 40% of all oil production and nearly 15% of natural gas production in the U.S., ...
Offshore Technology on MSN11d
U.S. Energy Development extends Permian footprint with $390m asset acquisition
U.S. Energy Development Corporation (USEDC) has expanded its presence in the Permian Basin by acquiring approximately 20,000 ...
Lower Oil Prices Threaten Permian Basin Growth
US oil producers face challenges maintaining margins with WTI crude prices hovering around $60 per barrel due to corporate ...
Is Permian Resources Corporation (PR) the Most Promising Long-Term Stock According to Analysts?
We recently published a list of the 11 Most Promising Long-Term Stocks According to Analysts. In this article, we are going ...
The Texas Tribune on MSN7d
Texas bill requires oil drillers to tell landowners about toxic waste pits
House Bill 4572 would introduce new requirements for pits where drillers bury oil and gas waste. Supporters of the bill gave ...
EON Resources Inc. Reports Results for the Fiscal Year 2024 Position the Company for Future Growth
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. Today, the Company reports revenue and ...