The West Texas oil industry is booming thanks to new technology that has helped bring breakeven costs down to as little as $25/barrel. CNBC photo by Morgan Brennan. Unemployment rates sink as West Texas oil [Read more]
$6 billion Bass acquisition in 2017 added estimated 3.4 billion BOE for ExxonMobil ExxonMobil announced that it plans to triple total daily production to more than 600,000 oil-equivalent barrels by 2025 from its operations in the [Read more]
Permian Basin oil patch looking forward to recovery when price recovers to $45 or $50 and holds for 30 days Mike Swihart was a bit surprised when some of his Permian Basin oil and gas [Read more]
Permian Basin enjoying a renewed spirit of innovation as companies respond aggressively to low oil prices Doom and gloom pervades the American oil industry right now, but judging from my experiences in the Permian Basin, [Read more]
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