Murphy Oil has made another shallow-water oil discovery in Vietnam's Cuu Long basin where it is currently developing the Lac ...

In the past month, new drill permits in Texas have decreased by 50% across the Permian Basin. Local energy expert Kirk ...

While the Permian Basin—including its Midland eastern lobe and Delaware western lobe—in West Texas is by far the king as it ...

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

Trade policies and market volatility are threatening US oil production growth, particularly in the Permian Basin, as companies may need to cut back activity to maintain investor payouts.

Under the recently ended OALP-IX, OIL bagged nine blocks, adding 51,000 sq. km to its exploration portfolio. Three of the blocks–one each in Cambay basin, Mahanadi basin and Assam Shelf basin ...

As the booming U.S. onshore oil and gas industry matures and efficiency levels fall, less active Canadian shale plays stand to benefit with arguably the best combination of quality inventory and ...

Only minimal amounts of untapped oil and gas resources remain in the historic Los Angeles fossil fuel production basin, according to the U.S. Geological Survey (USGS). New estimates released by ...

The US Geological Survey assessed technically recoverable oil and gas reserves in Maverick basin formations in the Western Gulf basin province. Map of assessment units in Western Gulf basin ...

from inboard gas-prone zones to outboard oil-charged systems. All three wells were part of Soekor's regional Orange Basin program and offer critical calibration for seismic interpretation and ...

The US Geological Survey (USGS) assessed that there are technically recoverable resources of 61 MMbbl of oil and 240 bcf of gas in formations under Los Angeles basin. The US Geological Survey ...