Tag: Permian

Viper Vitality acquires Sitio Royalties for $4.1 billion in newest Permian deal

(Bloomberg) – Viper Vitality Inc., the mineral and royalty unit of Diamondback Vitality Inc., agreed to purchase Sitio Royalties Corp. for about $4.1 billion, together with debt, within the newest deal targeted on...

Texas RRC points enhanced tips for Permian disposal wells

Using scientific and engineering evaluation, the Railroad Fee of Texas has issued new tips that additional strengthen allowing of disposal wells within the Permian basin. ...

Exxon, Chevron prone to preserve Permian development as independents reduce

(Bloomberg) -- Exxon Mobil Corp. and Chevron Corp. are prone to shoulder extra of the Permian basin’s oil development as unbiased producers in the reduction of on account of falling crude costs.  ...

Kodiak Fuel breaks floor on two new services in Permian basin

Kodiak Fuel Companies, Inc. (Kodiak), a pacesetter in contract gasoline compression and associated companies, started development on two new cutting-edge services in Midland and Pecos, Texas. These investments underscore Kodiak’s robust dedication to...

Ecopetrol, OXY to drill 34 wells in Permian below improvement plan extension

Ecopetrol S.A. introduced that its U.S. subsidiary, Ecopetrol Permian, has reached an settlement with Occidental Petroleum (OXY) to increase its improvement plan of Rodeo Midland Basin LLC below the joint-venture first established in...

Chevron plans to extend Permian manufacturing by 10% in 2025, CEO says

(Bloomberg) – Chevron Corp. plans to extend oil manufacturing by as a lot...

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