Crude has been king in the Permian, but producers may need to make a paradigm shift to natural gas, analysts say.

Surging natural gas production from the Permian Basin has midstream companies working to expand capacity, and ONEOK is no exception. The Tulsa-based company announced in its second quarter earnings ...

We are reaching the hottest month of the year, looking at the stats, which means more heat advisories and extreme heat ...

Energy Transfer announces a $5.3 billion pipeline expansion that will move Permian Basin natural gas through New Mexico and ...

In the Permian Basin, which spans West Texas and southeastern New Mexico, the rig count remains steady at 265. That’s unchanged from last week but down from 305 rigs at this time in 2024.

The Permian Basin now produces over 6 million bpd, with Wood Mackenzie projecting a peak of 7.7 million bpd by 2035. Industry consolidation favors major players like Exxon and Chevron, who ...