Energy secretary highlights Permian growth during Midland visit
U.S. Energy Secretary Chris Wright visited Midland, highlighting the Permian Basin’s major role in boosting U.S. domestic energy production.
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U.S. Energy Secretary Chris Wright visited Midland, highlighting the Permian Basin’s major role in boosting U.S. domestic energy production.
Citigroup analysts expect Permian natural gas production to grow enough for the region to become the largest U.S. gas basin by 2030.
Texas Railroad Commission commissioners unanimously elected Christi Craddick as chairman of the three-member commission.
Continental Resources agreed to acquire FireBird Energy II, adding 54,000 net acres and 32,000 boe/d of production.
APA Corp. raised its 2026 US oil production forecast to 123,000 bpd from 122,000 while keeping planned domestic capital spending at $1.3B.
Devon Energy approves Solitude Pipeline, a joint venture building two gas pipelines from the Permian Basin to Katy, Texas.
Permian Basin projects led Helmerich & Payne drilling work as executives remained upbeat amid market volatility.
Iran names Mohsen Rezaee as security chief and demands U.S. concessions before fully reopening the Strait of Hormuz.
Atlas Energy Solutions plans to expand its Permian Basin autonomous truck fleet from 28 to 100 by mid-2027, partnering with Kodiak AI.
Exxon doubled Q2 profit to $14.53B (+105% year over year), while Chevron nearly quadrupled profit to $12.07B.
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