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The U.S. produces several key types of oil in 32 of 50 states, averaging 16.6 million barrels per day in 2023. But which state produces the most?
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Midland Reporter-Telegram on MSNPermian Basin sees continued drop in oil and gas rigs in 2025Oilfield services company Baker Hughes said Friday its weekly U.S. rig count sank seven rigs to 547, the lowest level since ...
Permian Basin oil production has soared over the past decade to about 6.7 million barrels of oil each day — more than the output from Iraq and Kuwait combined.
And the one-basin problem is the Permian on which US production is overwhelmingly dependent. The Permian dominates US oil production contributing currently 6.0 million barrels a day (mbd) or half ...
Texas regulators are warning that wastewater from fracking in the biggest US oil basin is causing a “widespread” increase in underground pressure — a development that risks hindering crude ...
Item 1 of 2 An oil tank is pictured in the Permian basin, Loco Hills regions, New Mexico, U.S., April 6, 2023. REUTERS/Liz Hampton/File Photo ...
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As the mighty Permian Basin slows, Canada stands to rise in the shale oil and gas world - MSNWhile the Permian Basin—including its Midland eastern lobe and Delaware western lobe—in West Texas is by far the king as it amazingly produces almost half of record-high U.S. crude oil ...
Fresh off of 2025 budgeting, US shale oil players issued guidance indicating another year of modest growth. Nearly all of the US Lower 48 oil growth this year is pegged to come from the Permian Basin.
A controversial proposal to haul up to 350,000 barrels of waxy crude oil daily along a stretch of the Colorado River can move forward following a unanimous U.S. Supreme Court ruling on Thursday. The ...
In 2019, the journalist Christian Wallace created the “Boomtown” podcast, spotlighting the volatile world of West Texas oil. It has now inspired a new Taylor Sheridan TV series. "Landman" ...
In the Permian basin in West Texas and eastern New Mexico, the nation's biggest oil-producing shale basin, the rig count fell by five, cutting the total count to 289, the lowest since December 2021.
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