Permian Basin

Texas landowners are seeking a pause in a $2 billion 765-kV transmission line case, claiming they were not properly notified after route changes. The project is tied to the expansion of the ERCOT grid.

Data centers face widespread opposition in the U.S. due to concerns over noise, water contamination, and energy use. A new project by California Resources Corporation proposes building a 600,000-square-foot data center in the Elk Hills oil field, leveraging existing infrastructure and power resources to mitigate community backlash. Similar projects are being planned in Texas and Pennsylvania, focusing on oil and gas fields to avoid densely populated areas.

West Texas gas prices have risen above zero for the first time in four months. Exxon Mobil Corp. operates oil drilling rigs in the Permian Basin, a major shale region spanning Texas and New Mexico.

Mexico is considering initiating fracking through a special commission appointed by President Claudia Sheinbaum to explore sustainable methods. The Tampico-Misantla Basin, similar to the U.S. Permian Basin, has significant untapped potential but currently produces only 1% of the Permian's output. Mexico imports 75% of its gas from U.S. fracking regions, creating geopolitical risks.

The Texas Railroad Commission approved the construction of produced water ponds to treat and recycle produced water from fracking next to the Circle 6 Baptist Camp in the Permian Basin.

Oil prices climbed following fresh US military strikes on Iran in response to a helicopter attack. The Permian Basin, a major shale region in Texas and New Mexico, is highlighted as North America's most prolific shale area.

Over 600 U.S. cities with 20,000+ residents lost population between 2020 and 2025, with Big Spring, Texas, experiencing the steepest 15.3% decline. Shrinking cities face poverty, aging infrastructure, and limited job growth, often in majority-Black Southern communities or legacy industrial Midwest towns.

AI technology is being deployed in the Permian Basin to address the oil industry's produced water management challenge. Texas Pacific Water Resources is conducting research and development on treating produced water from oil operations using advanced technological solutions.

US oil companies are increasing drilling activity in response to the Iran conflict and rising oil prices, with smaller independent producers like Diamondback Energy accelerating capital expenditures while major companies like Exxon and Chevron remain cautious. The number of active hydraulic fracturing spreads has jumped 20% in the Permian Basin, positioning the US to reach record production above 14 million barrels per day this year.

Bank of America's Blanch predicts that $90 Brent is the best-case scenario for the oil market. This prediction is based on current market trends. The Permian Basin near Midland, Texas, is a significant area for oil operations.

Oil traders are navigating the impacts of the Iran war on the oil market with niche spread bets. Pumpjacks operate on oil wells in the Permian Basin in Crane, Texas. The situation is affecting oil trading strategies.

Oil prices hold gain amidst Middle East flareup between Iran and US. The Permian Basin in Texas and New Mexico is North America's most prolific shale patch. Tensions in the region may impact oil production.

Higher oil prices create challenges for US shale producers, particularly in the Permian Basin, which spans Texas and New Mexico. The article highlights Liberty Lift Solutions LLC's operations in the region, underscoring the sector's significance in North America.

Citi forecasts oil prices could reach $110 per barrel if disruptions in the Hormuz Strait persist for another month. The article references oil production in the Permian Basin in Texas, highlighting ongoing global energy dynamics.

EagleRock, a Permian landowner, has filed for an Initial Public Offering (IPO). The event is associated with the Houston skyline on September 8, 2025.

Oil prices remain stable as traders monitor progress in resuming Iran-US diplomatic discussions. The Permian Basin's oil production activities are highlighted in the accompanying image.

Oil prices rose after the largest drop since 2020, driven by ongoing blockage of the Hormuz Strait. The Permian Basin, located in Texas and New Mexico, remains North America's most productive shale region.