Two large earthquakes that hit the Permian basin, the top U.S. oilfield, this week have rattled the Texas oil industry and ...

Kinetik Holdings (NYSE:KNTK) said Tuesday it agreed to acquire natural gas and crude oil gathering systems primarily located in Reeves County in Texas' Delaware Basin from Permian Resources (NYSE ...

Diamondback Energy plans to buy roughly 40,000 net acres in the Midland basin from Double Eagle IV Midco LLC for roughly US$4 billion, the Texas operator announced Tuesday. Diamondback will pay for ...

Dallas, Texas-based Matador expects to have over 190,000 net acres in the Delaware Basin, and production of more than 180,000 barrels of oil equivalent per day (boepd) on a pro forma basis once ...

A moderate earthquake of magnitude 5.4 occurred on November 16, 2022, in the desert of West Texas. Nobody died ... which are extensive in the Delaware basin. It’s the biggest and most active ...

For 2025, Ecopetrol said its plan for Permian's Midland and Delaware sub-basins include drilling some 91 development wells through estimated investment of $885 million to produce an average of 90,000 ...