The report found the Permian Basin landscape was subsiding on average by about 3 to 4 centimeters each year due to increased oil and gas production.

Civitas Resources announced Tuesday it bought $4.7 billion in Permian Basin assets in both the Delaware Basin to the west – straddling the New Mexico-Texas border – and the eastern Midland ...

Motorists drive past an oil rig set up alongside Interstate 20 Thursday, July 7, 2022, in Midland, Texas. (Odessa American/Eli Hartman) The Apache Corp. says the Permian Basin was a key player in ...

Jordan Jayson, chairman and chief executive, estimates 90% of that capital will be spent in the Permian Basin. “It will be spent in the Delaware Basin and Midland Basin primarily, with 75% (of ...

The report found the Permian Basin landscape was subsiding on average by about 3 to 4 centimeters each year due to increased oil and gas production.

This effect was most significant on the western edge of the Delaware Basin, where an uplift of 10 millimeters per year was observed, tied to wastewater injection and the diffusion of fluid pressure.

The report found the Permian Basin landscape was subsiding on average by about 3 to 4 centimeters each year due to increased oil and gas production.

Civitas Resources announced Tuesday it bought $4.7 billion in Permian Basin assets in both the Delaware Basin to the west – straddling the New Mexico-Texas border – and the eastern Midland ...

The report found the Permian Basin landscape was subsiding on average by about 3 to 4 centimeters each year due to increased oil and gas production.

The report found the Permian Basin landscape was subsiding on average by about 3 to 4 centimeters each year due to increased oil and gas production.

This effect was most significant on the western edge of the Delaware Basin, where an uplift of 10 millimeters per year was observed, tied to wastewater injection and the diffusion of fluid pressure.