Diverse Roster of Projects Keeps Oil And Gas Output On The Rise In The Permian
February 2025 Cover Story
In one of the world’s best established, closely observed, and most thoroughly studied producing basins, the competitive forces of the domestic oil and gas industry are constantly turning up new upside potential. Diamondback Energy, Birch Resources, FireBird Energy II and EON Resources detail how they are applying ingenuity and technical excellence to create new value across their leaseholds.
Climbing Water Cuts, Produced Water Volumes Create Challenges In Permian
February 2025 Editor's Choice
The simple fact is that the Permian produces more water than it does oil. Fortunately, service and supply companies are meeting the grand water challenge head on, developing next-generation solutions that can not only keep oil production from being swamped by co-produced water, but potentially help turn water into a valuable product.
EIA Price Prognosis: Oil Down, Gas Up
February 2025 Markets & Analytics
In its first Short-Term Energy Outlook to include forecasts for 2026, the U.S. Energy Information Administration sees supply pressures pushing oil prices down over much of the next two years as global oil production grows more than global demand.
Trump Presidency Spells Big Changes for Oil Industry
Trump's Likely Moves
The new administration has made it clear that it plans to create a condusive regulatory environment rather than a discouraging one. A new report from the lobbying firm Akin Gump highlights some of the changes.
Permian Basin Operators Slash Methane Emissions While Increasing Production
Emissions Progress
Methane emissions from upstream Permian Basin operations fell more than 34 billion cubic feet from 2022 to 2023. According to S&P Global, the drop exceeds the emissions prevented by every electric vehicle on U.S. roads that year.
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