The Midland Basin was up a rig to 102 and is down 16 rigs or 14% from 118 last year. Looking at trailing 30-day permits, the Permian Basin had 698 permits as of the week ended Nov. 1, up from 694 ...

U.S. December oil production increased by 95 kb/d to 13,491 kb/d, a new all-time high. According to the EIA, New Mexico’s ...

MIDLAND, Texas — The Sensia Petro-Technical Applications Seminar (SPAS) is revolutionizing technologies in the oil and gas industry. The seminar took place at the Bush Convention Center in ...

Meanwhile, Permian-quality crude at the Magellan East Houston (MEH) terminal, the main price assessment point along the Gulf Coast, traded at a $1.31 premium to U.S. crude futures. That compared to a ...

U.S. drilling activity remains steady with 592 rigs, but the Permian Basin sees a decline, falling three rigs to 301.