Shallow December News Today

Eddy County collected $8.8 million in oil and gas taxes during the final month of the 2022 fiscal year.

Eddy County reported increased tax collections for May thanks increased oil and gas and business activity in the County.

The Permian was expected to produce an average of up to 5.7 million barrels of oil equivalent per day (boepd) in 2022, growing by about 900,000 boepd,

Increased oil prices led to greater oil and gas tax collections for Eddy County during the month of April, according to the County Finance Department.

The Permian was expected to produce an average of up to 5.7 million barrels of oil equivalent per day (boepd) in 2022, growing by about 900,000 boepd,

The Permian was expected to produce an average of up to 5.7 million barrels of oil equivalent per day (boepd) in 2022, growing by about 900,000 boepd,

The growth in prices and operations in the Permian Basin region led to more companies investing in North America’s most active shale play.

The growth in prices and operations in the Permian Basin region led to more companies investing in North America’s most active shale play.

Domestic oil prices were reported at $104 per barrel Monday morning, per the Chicago Mercantile Exchange, following weeks of triple-digit prices.

Domestic oil prices were reported at $104 per barrel Monday morning, per the Chicago Mercantile Exchange, following weeks of triple-digit prices.