For 2025, Targa expects full-year Ebitda to rise by approximately 15% over 2024 to $4.65 billion-$4.85 billion. It expects to spend between $2.6 billion-$2.8 billion in growth capital expenditures and ...

In a maintenance capital plan, essentially targeting flat year-over-year production growth, there are opportunities for reducing rig teams and related costs. Alone, this doesn’t produce a moat but ...

Occidental Petroleum is exploring upside in the Permian’s secondary benches, including deeper Delaware Wolfcamp zones and the ...

Occidental Petroleum Corp. announced Tuesday two agreements to divest several United States assets in the Permian Basin and ...

Diamondback Energy's buyout of Double Eagle could signal the winding down of the rapid consolidation of the Permian Basin ...

Drilling activity posted a third consecutive weekly increase, the first such trend since December 2023. Oilfield services firm Baker Hughes said Friday its weekly U.S. rig count was up two rigs to 588 ...

The number of active rigs drilling for oil and gas in the U.S. rose by 4 to 586, a week after the count rose by 6, Baker Hughes said Friday in its latest weekly report. Despite the week's rig increase ...

Growth in oil output from the U.S. Permian basin, the country’s top oilfield, is expected to slow by at least 25% this year despite President Donald Trump’s vow to maximize production, energy ...

Fourth-quarter revenue of $912.0 millionFourth-quarter net income attributable to ChampionX of $82.8 millionFourth-quarter adjusted EBITDA of $212.3 millionFourth-quarter income before income taxes ma ...

Each Ubaque horizontal well has the potential to add significant production. The rig is currently being moved to the Carrizales Norte pad, where further development of the northern and southern ...