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 ...
Occidental Petroleum plans to target deeper Wolfcamp zones in the Permian Basin, aiming to boost production and efficiency.
U.S. drilling activity remains steady with 592 rigs, but the Permian Basin sees a decline, falling three rigs to 301.