Latest News About Permian Basin

Updated 2026-05-21 05:01

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Sources

Permian Basin

The Permian Strategic Partnership (PSP) applauds the Texas Department of Transportation’s (TxDOT) approval of the Unified Transportation Program (UTP), which serves as TxDOT’s infrastructure plan for the next decade. News August 07, 2023 The assets acquired include 275,000 net acres in the Denver-Julesburg (DJ) basin adjacent to Chevron’s existing operations, which add more than 1 Bboe proved reserves, and 25,000 net acres in the Permian basin that are held by production.

www.worldoil.com

Permian Basin - World Oil

News May 19, 2025 Utilizing scientific and engineering analysis, the Railroad Commission of Texas has issued new guidelines that further strengthen permitting of disposal wells in the Permian basin. News May 02, 2025 Exxon Mobil Corp. and Chevron Corp. are likely to shoulder more of the Permian basin’s oil growth as independent producers cut back in response to U.S. President Donald Trump’s trade war and supply increases from OPEC+, which have caused oil to drop nearly 18% since April 1. …...

worldoil.com