How Much Oil Is in the Permian Basin

Permian basin, Diamondback Energy and Double Eagle

Diamondback Energy to expand in Permian basin with $4.08 billion deal

Diamondback Energy said on Tuesday it would buy certain units of EnCap Investments-backed energy producer Double Eagle for $4.08 billion in cash and stock, expanding its presence in the oil-rich U.S.

invezz on MSN · 10h

Diamondback expands Permian Basin footprint with $4B Double Eagle deal

Diamondback Energy, a major player in the shale oil industry, has announced its acquisition of certain units of Double Eagle Energy. The deal, valued at approximately $4.08 billion, will be settled through a combination of cash and stock.

Zacks.com on MSN · 15h

Diamondback Eyes $5B Acquisition of Double Eagle in Permian Basin

Diamondback Energy, Inc. FANG, a prominent U.S. oil player, is reportedly in discussions to acquire Double Eagle, a West Texas crude producer. This potential acquisition, valued at over $5 billion, highlights Diamondback's commitment to strengthening its foothold in the prolific Permian Basin,

12d

US Permian oil output growth to slow in 2025 despite Trump's plan, executives say

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 ...

Odessa American5d

Basin rig count up one as prices slip

The rig count in the Permian Basin was up one this week ... A year ago, 312 rigs were active in the region. Nationally, the oil and gas rig count is up two from last week at 588 rigs.

Mother Jones2d

The Tiny Texas Reptile Testing the “Drill, Baby, Drill” Agenda

In the oil-rich Permian Basin, the dunes sagebrush lizard faces extinction. Will Donald Trump finally do it in?

9don MSN

Meet the $400 million, 42-mile track that moves sand across West Texas

The sand transportation system, used for crude oil production in the Permian Basin, began shuttling proppant in January.

KZBT1d

From Midland, Texas To The White House The Bush Family Ties To The Permian Basin

Before they were world leaders, the Bushes were Midlanders. Explore how this Texas city shaped one of America’s most ...

Yahoo Finance18d

Chevron Sees Permian Basin Oil Growth Reaching 10% This Year

(Bloomberg) -- Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer ...

21h

Ring Energy Eyes Production Expansion Over The Medium Term

Ring Energy (REI) operates in the Permian Basin, focusing on debt reduction and growth. Undervalued stock with a fair value ...

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