Tag Archives: Permian

The Bakken Is Booming Once Again!

The Permian has been stealing headlines and analyst attention over the past year, and rightly so, as it’s the only U.S. shale play that continued to grow even when all others suffered during the downturn. But higher oil prices over the past few months have prompted drillers to grow production not only in the Permian, […]

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Oil Industry Continues to Recover, but Focused on Texas

Exxon Mobil and Chevron said Friday that they plan to bring more drilling rigs to the increasingly crowded Permian Basin, heaping praise on the 75,000 square miles teeming with oil across West Texas and New Mexico, where drillers can pump more crude at lower costs than most places. But the focus on the Permian by […]

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