Merger prioritizes Permian Basin oil and gas production amid growth
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,
Stay updated with breaking news from Shallow December. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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.