Chevron donated personal protective equipment (PPE) worth approximately $19,000 for healthcare workers in Permian Basin communities experiencing the COVID-19 pandemic.Read more
Gas output from the Permian Basin of West Texas and New Mexico is forecast to surge in the second half of 2020 according to a new analysis, Kallanish Energy reports.Read more
Solaris Water Midstream, LLC ( “Solaris Water”) announced today the company has expanded its existing joint venture with Concho Resources Inc. (NYSE: CXO) (“Concho”).Read more
The pandemic has curtailed associated gas production in the Permian basin, temporarily relieving some gas flaring, but the basin could return to record gas production levels by the end of 2021. By 2023, the rate of gas flaring could increase substantially.Read more
The COVID-19 downturn caused a shocking decline in new fracturing operations in the US, with monthly numbers plunging to a bottom of 325 wells in June. New operations are now set to rise to above 400 wells in July, and recovery will be especially evident in the Permian basin, where activity has nearly tripled, according to Rystad Energy analysis.