Fort Worth, Texas-based U.S. Energy Development Corporation (USEDC) said it has acquired approximately 20,000 net acres in Reeves and Ward Counties, Texas, expanding its total Permian Basin holdings.

Chevron began employing triple-frac for the first time in the Permian in March last year. This year the company plans to use it on 50% to 60% of its wells in the basin, up from 20% last year ...

Permian Basin, a D-I school, showed a strong desire for Ponce, something he was searching for. Head coach Kris McCullough and defensive coordinator Jake Shaw followed Ponce on Twitter, and Ponce ...

The Permian Basin accounts for nearly 40% of all oil production and nearly 15% of natural gas production in the U.S., according to the Federal Reserve Bank of Dallas. It spans more than 86,000 ...

Chevron (NYSE:CVX) plans to increase the use of a technique known as "triple-frac," in which it fractures subterranean rock in three wells at a time in the Permian basin, in an effort to cut the ...