Houston, Texas-based pipeline company Plains All American Pipeline, L.P. (NASDAQ: PAA) has predicted that Permian crude output will surge by 500,000 barrels per day in the current year. The company re...
Tag: permian
A 5.4M Earthquake Shakes Up Oil And Gas Disposal Wells And Nuclear Waste Plans In The Permian Basin Of West Texas.
A road sign report of an earthquake in February 2016 in Oklahoma. Getty Images In the island of West Java, part of Indonesia, a moderate earthquake of magnitude 5.6 occurred on November 21, 2022. Beca...
Permian Basin Drives The U.S. Oil Industry Despite Limits On Growth
Oil Wells pumping outside of Midland Texas. (Photo by: Joe Sohm/Visions of America/Universal Images … [+] Group via Getty Images) Joe Sohm/Visions of America/Universal Images Group via Getty Ima...
Permian Basin Fuels New Texas Oil Boom, Lifting Shale Oil Stocks Near Buy Points
The new Texas oil boom is here, powered by shale deposits in the Permian Basin. The region’s oil stocks are well-represented inside the IBD 50, with Matador Resources (MTDR), Diamondback Energy ...
Why U.S. Shale Producers Aren’t Riding To The Rescue Despite Tight Oil Supplies
In an aerial view of oil pumpjacks at work in the Permian Basin oil field in Crane, Texas. A … [+] tightening global ban on Russian oil and other geopolitical realities may mean that oil produce...
Members Of Congress Push Back On EPA’s Threat To The Permian Basin
WASHINGTON, DC – APRIL 21: Rep. August Pfluger (R-TX) speaks to the media with members of the … [+] Republican Study Committee about Iran on April 21, 2021 in Washington, DC. The group has...
EPA Targets Permian Basin, Widening Biden’s War On Oil And Gas
WASHINGTON, D.C. – APRIL 22, 2018: A flag with the United States Environmental Protection Agency … [+] (EPA) logo flies at the agency’s headquarters in Washington, D.C. (Photo by Rob...
3 Pipeline Stocks To Watch As Permian Ramps Up Gas Output
Five years after the United States became a net exporter of natural gas on an annual basis, the country’s natural gas exports, both by pipeline and as liquefied natural gas (LNG), have grown by ...
Top Producing Oil Play In The Permian Set To Break Records In 2022
Total hydrocarbon production in the Permian Delaware Basin, the top-producing play in the Permian, will hit a record 5.7 million barrels of oil equivalent per day (boepd) average in 2022, according to...
Another Pure Permian Mini-Major Rises In Centennial, Colgate Merger
ANDREWS, TX – An oil pumpjack works at dawn in the Permian Basin oil field on January 20, 2016 in … [+] the oil town of Andrews, Texas. (Photo by Spencer Platt/Getty Images) 2016 Getty Ima...
The King Of Shale Oil, The Permian Basin, Is Still Riding The Wave.
Warning of a petroleum pipeline running along the ground in the Permian Basin on March 2022 in … [+] Midland, Texas. Getty Images Riding the wave. The Permian basin, in West Texas and New Mexico...
Flaring Of Gas Falls Off In Permian And Bakken – And Why That’s Good News.
Three oil wells in the Bakken and flaring of natural gas on The Fort Berthold Indian Reservation … [+] near New Town, North Dakota. The Washington Post via Getty Images Gas flaring refers to bur...
Exxon Joins Chevron in Permian Oil Surge as Peers Preach Caution
(Bloomberg) — President Joe Biden, who has asked OPEC+ to raise oil production faster to tame runaway energy prices, just got a gift on his home turf instead: a blockbuster growth forecast for U...
Opinion: ‘Better than a 401(k)’? Scammer blew through more than $5 million of investors’ money earmarked for retirement
According to the Securities and Exchange Commission, Marco “Sully” Perez of Midland, Texas, used to tell his clients that his investment scheme was better than a 401(k). Now the U.S. District Court in...