News

U.S. Energy Development Corporation (USEDC) has expanded its presence in the Permian Basin by acquiring approximately 20,000 ...
US oil producers face challenges maintaining margins with WTI crude prices hovering around $60 per barrel due to corporate ...
U.S. Energy Development Corporation acquires 20,000 net acres in Texas, expands its credit facility, and plans significant investments in oil and gas properties.
Gulfport takes a 50% working intest in West Texas, Permian Basin for $85 million ... of incremental probable resources from the remaining acreage assuming 40-acre units. Gulfport and Windsor ...
Midland Reporter-Telegram on MSN11d
Permian Basin rig count falls to three-year low
Like Texas, the Permian Basin was down three rigs to 294 rigs for the week and the lowest level since February 2022. The ...