This is a map showing the range of the Permian Basin and the distribution of oil wells in the region. Disclaimer: AAAS and EurekAlert! are not responsible for the accuracy of news releases posted ...

The Permian Basin accounted for 48% of U.S. crude oil production in 2024, driving most of the growth, according to the EIA.

US oil producers face challenges maintaining margins with WTI crude prices hovering around $60 per barrel due to corporate ...

optimization and development of high-return oil and natural gas properties. The Company’s assets are located in the Permian Basin, with a concentration in the core of the Delaware Basin.