The Latest Breaking News from Permian Basin

U.S. Permian Basin oil production — and profits — have surged

President Biden has been asking for more oil. Producers now think prices will be high enough for the next several years to justify it.

Axios · Feb 2, 2023

Flaring and Venting Spike in December Cold Snap

Questions over whether cold weather in New Mexico an 'emergency.'

Capital & Main · Jan 26, 2023

Texas environmentalists push the EPA to crack down on methane emissions, saying state agencies have “failed us”

Commenting on the EPA’s proposed new rule to reduce methane leaks nationally, environmentalists said Texas regulators are hesitant to address emissions of the climate super-pollutant.

The Texas Tribune · Jan 25, 2023

Why Nebraska’s fall from grace is a cautionary tale for Texas, Oklahoma ahead of SEC move

These are exhilarating times for the football programs at Oklahoma and Texas. While the schools patiently wait to be showered with millions in SEC TV money, the Sooners sit at No. 6 in the current AP rankings, top dogs in the Big 12 once more. At No. 22, Texas isn’t…

Tribune News Service · Sep 21, 2022

‘Wildfire of disinformation’: how Chevron exploits a news desert

As the closures of newspapers leave Americans struggling for information, Chevron has swooped in to serve up a mixture of local news and propaganda

The Guardian - US · Sep 12, 2022

G2 Energy Issues Shares to the Sellers of Masten Unit

Vancouver, B.C. - TheNewswire - September 2, 2022 - G2 Energy Corp. (CSE:GTOO), (CSE:GTOO), (OTC:GTBE), (FWB:FKN:UD9) (the "Company" or "G2") announces that pursuant to the previously announced news releases, on June 1, 2022, in connection with the acquisition of the Masten Unit (an oil and gas producing field) (the "Masten Unit")…

Benzinga · Sep 7, 2022

Texas’ oil and gas industry will produce “massive amount” of toxic wastewater with few reuse options, study finds

Oil and gas companies produce 3.8 billion barrels of wastewater per year in the arid Permian Basin. A state consortium is trying to figure out whether it can be reused.

The Texas Tribune · Sep 2, 2022

EPA says it is looking for “super-emitters” of methane gas in Texas’ Permian Basin

The federal environment agency says it will continue flyovers of the Permian Basin in Texas and New Mexico until Aug. 15 using infrared cameras to survey oil and gas operations.

The Texas Tribune · Aug 5, 2022

EPA announces flights to look for methane in Permian Basin

The Environmental Protection Agency says it will conduct helicopter overflights to look for methane “super emitters” in the nation’s largest oil and gas producing region

The Independent UK · Aug 3, 2022

Hidden Menace: Massive methane leaks speed up climate change

New aerial surveys show that massive amounts of methane are venting into the atmosphere from oil and gas operations across the Permian Basin

The Independent UK · Jul 28, 2022