Permian Basin

This study catalogs global gas/oil ratio data to identify currently produced light crude oils that could be rendered carbon neutral through the direct-air-capture mechanism.

A new paper warns that meeting emission reduction targets in the top US oil basin will require a fourfold increase in available grid electricity.

DJ Basin player enters the Permian Basin with a pair of asset purchases from private-equity vehicles.

A concurrent deal to sell off some of the acquired assets to Northern Oil and Gas will effectively lower the acquisition cost to $1 billion.

A slate of new pipeline projects are expected to help relieve the oil-rich region's associated gas bottleneck.

The first long-haul overland conveyor system to deliver proppant is under construction in the Permian Basin.

The Permian Basin was the site of a recent visit by a Reverse Trade Mission on Advanced Technologies for Methane Abatement sponsored by the US Trade and Development Agency. Chevron hosted the delegation at both its Midland and Houston locations.

This paper describes efforts at the Hydraulic Fracturing Test Site 2 to collect a research data set to improve understating of spatial and temporal hydraulic fracture dimensions, proppant distribution, and reservoir depletion.

The deal is expected to add over $1 billion in annual free cash flow to Chevron’s bottom line.

The $540 million joint acquisition is expected to close in June.