Permian Basin On Track For Record September Production
The largest shale basin in the United States, the Permian, is on track to hit a record 5.408 million barrels per day next month, with production set to rise by 79,000 bpd
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The largest shale basin in the United States, the Permian, is on track to hit a record 5.408 million barrels per day next month, with production set to rise by 79,000 bpd
California is rich in natural resources which once powered the state: natural gas deposits in the Monterey Shale formation; geothermal energy, abundant
These energy companies are taking an investor-friendly approach to shareholder returns amid higher oil prices.
The price of crude oil continues to inch towards $100 as the threat of a Russia-Ukraine conflict gains momentum. Russia is the world’s second-largest exporter of crude oil in the world and the third-largest producer of crude, and a potential conflict heightens fears of possible supply crunches. With Russia being also the world’s largest producer ...
Murphy Oil Corp. turned 2020's fourth-quarter loss into profit for the same quarter in 2021, the company reported Thursday.