More recently, the Netherlands began shutting Europe’s biggest natural-gas field after ... air into the Delaware about 10 years ago, the basin produced under 500,000 barrels of oil a day ...

It was a week when both oil and natural gas prices logged steep losses. The headlines revolved around supermajor ExxonMobil XOM and Shell’s SHEL Q1 earnings updates. Developments associated with RPC ...

Despite the continued decline in international oil prices since the beginning of the year, with the WTI crude benchmark price ...

The company missed out on some deals last year because of high asset prices but is still looking. “We’ll get our elbows up,” ...

EOG can generate more cash than it spends in the field, under a wide range of commodity scenarios ... while increasing water reuse to 90% in the Delaware Basin. Finally, oil spills are common in the ...

"It's how the Delaware basin stays economic even though those wells produce six to seven times the amount of water as they do oil," he said, referring to the Permian's second biggest sub-basin.

Diamondback: The company holds extensive oil and gas resources concentrated in the Permian Basin, with a strong presence in the Midland and Delaware sub-basins. The company benefits from a large ...