A pumpjack operates just outside of the Odessa Ector Power Partners natural gas power plant Wednesday, March 9, 2022, in Odessa, Texas. (Odessa American/Eli Hartman) Pumping a record 6.3 million ...

The Permian Basin has been the driver of growth in shale output for several years, but some fear its production may soon peak. A number of factors have contributed to the flattening and potential ...

The pipes are churning, and sand and water are flowing once again as America’s oil executives focus on increasing domestic supply and aim to bring prices to a "low point" in 2026. "We're prepared for ...

S&P Commodity Insights: the Mahanadi, Andaman Sea, Bengal, and Kerala-Konkan could hold up to 22 billion barrels of crude oil. Currently, only 10% of India's 3.36 million sq km wide sedimentary basin ...

Over the past 15 years, oil drillers turned a stretch of desert in Texas and New Mexico called the Permian Basin into the most important oil basin in the world by re-engineering pipes and applying ...

Argentina’s Neuquén basin accounted for 71% of national oil production and 73% of natural gas output in this year’s first half, according to data from the National Secretariat of Energy. In May—the ...

Offshore Sri Lanka contains undeveloped oil and gas resources. Mannar basin straddles Sri Lankan and Indian waters and has only been explored by a handful of wells. Previous attempts at developing two ...