Permian Basin

The House Science Committee calls for tougher surveillance amid evidence of super-emitters and undetected leaks in the vast Permian Basin.

The acquisition expands Targa’s midstream natural gas processing footprint in the active Delaware Basin of New Mexico.

Upon closing, the newly combined oil company will boast 135,000 BOE/D and hold around 15 years’ worth of drilling locations in the Permian Basin.

ExxonMobil has won an independent certification level for managing methane emissions in its New Mexico shale operations and is the first company to meet the standard for associated gas.

Producers in the biggest US oil basin have signaled that they intend to seize on $100/bbl oil prices.

An analysis by researchers from Stanford University found leaks of methane from oil and gas drilling in the Permian Basin were many times higher than government estimates.

Oxy aims to combine crude oil with environmental attributes generated from the sequestration of atmospheric CO2 captured with its planned direct-air-capture plant and sequestered in its enhanced-oil-recovery reservoirs in the Permian Basin.

Chevron adds to a growing list of big US oil and gas producers that are seeking to bring to market responsibly sourced gas.

The companies will leverage each other’s experience and assets to offer full-cycle water-handling services in West Texas.

Oil production is reaching new levels in the Permian Basin and it has created some uncertainty about where all the associated gas will go.