Oil fields are just as quick to make fortunes as break them. The 1901 Spindletop gusher in Texas jumpstarted the petroleum ...

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

The oil and gas sector faces a pivotal moment in 2025 as it deals with complex dynamics from global tensions, evolving policy ...

which injects the gas into wells to extract hard-to-reach oil reserves, will extend the Bakken’s lifespan. A state-commissioned report released in January estimates carbon dioxide injection ...

"With massive reserves of stranded natural gas and a ... carry as much as 760 million cubic feet of gas a day from the Bakken oil patch to Fargo, where Microsoft already operates a major ...

Many oil company executives celebrated Donald Trump's return to the White House. But now expectations of higher profits are ...

The resource base represents the company’s strong footprint in prolific acres in the United States, comprising Eagle Ford shale, the Permian Basin and Bakken ... oil and gas. It has crude ...

The company's portfolio includes low-sulfur oil from Guyana and shale from Bakken. The average selling ... adding +1.4 billion barrels into reserves and increasing production by 10%.

Recycled cash allowed Devon to meaningfully pivot toward the Delaware and enjoy newfound exposure in the Bakken. Previously, Canadian heavy oil and the Barnett Shale made up 40%-50% of its production.