The Permian Basin may hit its all-time production high this month, but instead of peaking, it is transitioning into a mature, ...

Permian dominates U.S. oil growth, contributing over 6 million barrels per day and nearly half of total U.S. output, but its growth is increasingly seen as unsustainable. No sharp drop in Permian ...

Oil production in the Permian basin is poised to peak in December, a watershed moment for the U.S. shale boom that upended ...

NEW YORK/HOUSTON, March 27 (Reuters) - U.S. oil producers are grappling with geological limits to production growth as the country's top oilfield ages and produces more water and gas and less oil - ...

In 2018, Devon Energy embarked on a series of shrewd capital allocation moves that included selling its EnLink Midstream interest, divesting its Canadian heavy oil and Barnett Shale interests, and ...