Articles by: Permian News

Aqua Terra Water Management Announces Expansion into the Permian Basin

Aqua Terra Water Management, L.P. has announced the acquisition of two saltwater disposal facilities operated by Texas SWD Co, Inc and the acquisition of a permit for a salt water disposal facility from Coronado Minerals, LLC.

October 23, 2014 - 6:00 am Energy RSS

Why the Permian Basin is important to US oil

Currently, there are 1,590 oil rigs at work in the U.S. The Permian Basin has 558 of these rigs, more than any other region has.

October 22, 2014 - 5:00 pm Energy RSS

RSP Permian, Inc. Announces Timing of Third Quarter 2014 Financial Results and Conference Call

DALLAS, Oct. 21, 2014 /PRNewswire/ — RSP Permian, Inc. ("RSP" or the "Company") (RSPP) today announced that it will release its third quarter 2014 results before the New York Stock Exchange opens on Monday, November 10, 2014.  This release will …

October 21, 2014 - 4:01 pm Energy RSS

Permian Basin Royalty Trust Announces October Cash Distribution

DALLAS, Oct. 21, 2014 /PRNewswire/ — Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.056006 per …

October 21, 2014 - 10:00 am Energy RSS

Sumitomo’s Loss Shows Shale Isn’t Booming for Everybody

Land in the Permian Basin, the busiest shale patch in the U.S. oil boom, is worth either $1,000 an acre or 50 times more, depending.

October 20, 2014 - 1:21 am Energy RSS

TAYO: West Texas Oil Boom Far From Over as Employment, Drilling Permits and Rig Count Keep Going Up

Taylor Consulting Inc. continues to execute its acquisition plans in the West Texas Permian Basin region as oil drilling permits, rig count and employment figures keep

October 16, 2014 - 9:39 am Energy RSS

WT men's soccer

WT vs. Permian Basin The game: West Texas A&M Buffs (6-5) at Texas-Permian Basin Falcons (1-8-1, 0-3 Heartland) in Odessa. Time and Date: 7 p.m. Thursday. Coaches: Butch Lauffer (WT, 24th season); Dennis Peterson (UTPB, 14th season).

October 15, 2014 - 11:13 pm Energy RSS

Why the Permian Basin is important to US oil

Currently, there are 1,609 oil rigs at work in the U.S. The majority of the rigs, roughly 560, are in the Permian Basin.

October 15, 2014 - 5:00 pm Energy RSS

Why Occidental is focusing on the Permian Basin

Occidental’s (OXY) Permian acreage is approximately 1.9 million net acres, and a major focus area for OXY as far as capital spending is concerned.

October 14, 2014 - 6:37 pm Energy RSS

Permian Crudes Weaken After Crude Spill Shuts Sunoco Pipeline

Crude extracted from the largest U.S. oil field weakened against the U.S. benchmark after producers lost access to Midwest markets when a 4,000-barrel spill in Louisiana forced the shutdown of a key pipeline.

October 14, 2014 - 3:47 pm Energy RSS

A key overview of Occidental’s largest operations for investors

Occidental is the largest producer of oil in the Permian Basin with approximately 16% net share of the total oil production in the basin.

October 14, 2014 - 2:37 pm Energy RSS

Cramer: Oil sowing the seeds of its own demise

With the raging levels of oil production in the United States, Cramer shares his concerns about lack of legal infrastructure and storage of the oil.

October 10, 2014 - 7:05 pm Energy RSS

Global CO2 EOR Market (Permian Basin) is Expected to reach at 7% CAGR from 2013 to 2019: Transparency Market Research

Albany, New York — In its market research report published recently, Transparency Market Research, a U.S.-based market intelligence firm states that the global CO2 EOR market in the Permian Basin is expected …

October 10, 2014 - 7:07 am Energy RSS

Permian Basin Royalty Trust (PBT) Downgraded From Buy to Hold

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link. aTheStreet Ratings quantitative algorithm evaluates over 4,300 stocks on a …

October 9, 2014 - 9:32 am Energy RSS

Research and Markets: Permian Basin CO2 EOR Market Outlook 2019: Major Companies are Chevron, ConocoPhillips …

Research and Markets has announced the addition of the "CO2 EOR Market – Permian Basin Industry Analysis, Size, S

October 9, 2014 - 4:07 am Energy RSS

Research and Markets: Permian Basin CO2 EOR Market Outlook 2019: Major Companies are Chevron, ConocoPhillips …

Research and Markets has announced the addition of the "CO2 EOR Market – Permian Basin Industry Analysis, Size, S

October 9, 2014 - 4:07 am Energy RSS

Why the Permian Basin is critical to Encana acquiring Athlon

Encana Corp. (ECA) describes its $5.93 billion acquisition of Athlon Energy (ATHL) as its "transformational entry into the Permian Basin." It bought ATHL because of its strong presence in the …

October 8, 2014 - 5:00 pm Energy RSS

Why the Permian Basin is driving the oil rig count this year

The Permian Basin has the highest number of rigs in the U.S. There were 556 rigs in the Permian Basin as of October 3, 2014.

October 7, 2014 - 1:00 pm Energy RSS

Breitling Energy’s Update on Second Permian Well

Breitling Energy Corporation continues moving forward with the upcoming completion of its second Permian Basin well, the Hoppe "63" #1 in Sterling County, Texas.

October 2, 2014 - 6:34 pm Energy RSS

Encana-Athlon deal will benefit companies active in Permian Basin

The $5.9 billion Encana bid for Athlon Energy may lift up more than shares of Athlon, which rallied 25% on Monday — the deal is also good news for other companies focused on west Texas’ Permian Basin.

September 29, 2014 - 12:25 pm Energy RSS

West Texas Now the Heart of America's Oil Boom

The Permian basin, now the nation's most productive, is churning out ever-increasing volumes of crude. Midland sits in the heart of the Permian basin and Oxy's new office will house 600 employees. Crude Energy, a small independent oil and gas …

September 29, 2014 - 12:06 pm Energy RSS

Encana becomes major Permian shale player

Daniel J. Graeber CALGARY, Alberta, Sept. 29 (UPI) — Canadian energy company Encana Corp. said Monday it acquired Texas rival Athlon Energy to become one of the largest oil players in the Permian shale basin.

September 29, 2014 - 8:31 am Energy RSS

Permian Basin Royalty Trust Announces New Contact Information

DALLAS, Sept. 26, 2014 /PRNewswire/ — Permian Basin Royalty Trust (NYSE:  PBT) ("Permian") today announced the new contact information for the Trust following the change of Trustee. Southwest …

September 26, 2014 - 1:00 pm Energy RSS

5 Permian Basin Oil Stocks to Buy After Huge Oil Sell-Off

Here are five top Permian Basin exploration and production leaders that may be tremendous buys for long-term investors looking to add energy exposure to portfolios.

September 24, 2014 - 9:05 am Energy RSS

Why the Permian Basin has been driving rig count records

The Permian Basin is located in western Texas and southern New Mexico. The name "Permian Basin" generally refers to a combination of the Delaware Basin and the Midland Basin. Currently, there …

September 17, 2014 - 1:00 pm Energy RSS

Why Plains All American Pipeline is investing in the Permian

Plains All American Pipeline (PAA) has its largest asset footprint in the Permian Basin. According to a company presentation, the Permian Basin has over 300 billion barrels of oil in place across ~50 million …

September 15, 2014 - 9:45 am Energy RSS