Map showing respective Permian Basin acreage positions of Diamondback ... Ranch in the Midland Basin and Mewbourne Oil in the Delaware Basin are multi-generation family companies not necessarily ...
U.S. drilling activity remains steady with 592 rigs, but the Permian Basin sees a decline, falling three rigs to 301.
Occidental Petroleum plans to target deeper Wolfcamp zones in the Permian Basin, aiming to boost production and efficiency.