Permian Basin
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Ranger acquires American Well Services for $90.5 million, adding 39 workover rigs and boosting its fleet by 25%. -
The merger creates one of the largest oil-focused independents in the US with output of 526,000 BOE/D.
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BPX Energy will retain operatorship of the assets after the sale of its interests to private investment firm Sixth Street is complete.
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The aim of this study is to incorporate detailed geological, petrophysical, and hydraulic fracturing models to better predict and mitigate the effects of interbench interactions.
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The transaction supports Occidental Petroleum's operations in the Permian Basin and its enhanced oil recovery program.
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This paper presents a case study highlighting the demonstration, refinement, and implementation of a machine-learning algorithm to optimize multiple electrical-submersible-pump wells in the Permian Basin.
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This paper presents a closed-loop iterative well-by-well gas lift optimization workflow deployed to more than 1,300 operator wells in the Permian Basin.
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The technology to desalinate and reuse produced water for cooling AI data centers in the Permian Basin exists, but addressing cost challenges remains critical to widespread adoption.
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The leaders of US oil and gas companies in Texas and neighboring states cite regulatory uncertainty, tariffs, and volatile prices as drags on activity.
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The US supermajor is using one of its lowest-value hydrocarbon products to generate double-digit production increases in its most prolific US asset.
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