permianbasin Archives - Breakthrough Investment Group https://breakthroughig.com/tag/permianbasin/ Achieve the extraordinary results you seek Fri, 05 Sep 2025 18:55:24 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 https://breakthroughig.com/wp-content/uploads/2021/05/favicon-1-1-36x36.png permianbasin Archives - Breakthrough Investment Group https://breakthroughig.com/tag/permianbasin/ 32 32 America’s oil boom concentrated in ten Permian counties https://breakthroughig.com/2025/09/08/americas-oil-boom-concentrated-in-ten-permian-counties/ https://breakthroughig.com/2025/09/08/americas-oil-boom-concentrated-in-ten-permian-counties/#respond Mon, 08 Sep 2025 06:45:43 +0000 https://breakthroughig.com/?p=1650 Ten counties in the Permian Basin drove 93% of U.S. crude oil growth from 2020–2024, EIA and Enverus data show.

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]]> https://breakthroughig.com/2025/09/08/americas-oil-boom-concentrated-in-ten-permian-counties/feed/ 0 Permian Basin drives $119B in US economic impact, report finds https://breakthroughig.com/2025/08/07/permian-basin-drives-119b-in-us-economic-impact-report-finds/ https://breakthroughig.com/2025/08/07/permian-basin-drives-119b-in-us-economic-impact-report-finds/#respond Thu, 07 Aug 2025 06:00:52 +0000 https://breakthroughig.com/?p=1644 According to the impact report, the Permian Basin generated $119B for the US economy in 2024 and supported more than 862,250 jobs.

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]]> https://breakthroughig.com/2025/08/07/permian-basin-drives-119b-in-us-economic-impact-report-finds/feed/ 0 Lawmakers tour Permian Basin oil sites, discuss energy policy and jobs https://breakthroughig.com/2025/06/09/lawmakers-tour-permian-basin-oil-sites-discuss-energy-policy-and-jobs/ https://breakthroughig.com/2025/06/09/lawmakers-tour-permian-basin-oil-sites-discuss-energy-policy-and-jobs/#respond Mon, 09 Jun 2025 06:45:35 +0000 https://breakthroughig.com/?p=1634 Lawmakers tour Permian Basin oil sites to shape energy policy, promote jobs, and support US energy dominance and innovation.

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]]> https://breakthroughig.com/2025/06/09/lawmakers-tour-permian-basin-oil-sites-discuss-energy-policy-and-jobs/feed/ 0 Basin’s oil production goes ever higher https://breakthroughig.com/2024/11/08/basins-oil-production-goes-ever-higher/ https://breakthroughig.com/2024/11/08/basins-oil-production-goes-ever-higher/#respond Fri, 08 Nov 2024 06:45:23 +0000 https://breakthroughig.com/?p=1581 The Permian Basin is pumping a record 6.3 million barrels of oil daily, with projections to hit 6.6 mb/d next year, driven by tech advances and disciplined practices.

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]]> https://breakthroughig.com/2024/11/08/basins-oil-production-goes-ever-higher/feed/ 0 Texas commission approves plan for transmission infrastructure to serve Permian Basin https://breakthroughig.com/2024/10/08/texas-commission-approves-plan-for-transmission-infrastructure-to-serve-permian-basin/ https://breakthroughig.com/2024/10/08/texas-commission-approves-plan-for-transmission-infrastructure-to-serve-permian-basin/#respond Tue, 08 Oct 2024 06:45:00 +0000 https://breakthroughig.com/?p=1577 The Public Utility Commission of Texas (PUCT) approved a plan to meet the future electricity needs of the Permian Basin Region.

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]]> https://breakthroughig.com/2024/10/08/texas-commission-approves-plan-for-transmission-infrastructure-to-serve-permian-basin/feed/ 0 Big oil mergers promise greater stability https://breakthroughig.com/2024/08/07/big-oil-mergers-promise-greater-stability/ https://breakthroughig.com/2024/08/07/big-oil-mergers-promise-greater-stability/#respond Wed, 07 Aug 2024 06:45:17 +0000 https://breakthroughig.com/?p=1564 Major companies' recent mergers and acquisitions of independent oil firms have positively reshaped the energy industry in the Permian Basin.

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]]> https://breakthroughig.com/2024/08/07/big-oil-mergers-promise-greater-stability/feed/ 0 US Energy Development Corporation to invest $750 million on Permian projects https://breakthroughig.com/2024/07/09/us-energy-development-corporation-to-invest-750-million-on-permian-projects/ https://breakthroughig.com/2024/07/09/us-energy-development-corporation-to-invest-750-million-on-permian-projects/#respond Tue, 09 Jul 2024 06:45:07 +0000 https://breakthroughig.com/?p=1557 Over the next 12 months, US Energy plans to invest over $750 million, primarily targeting projects in the Permian region.

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]]> https://breakthroughig.com/2024/07/09/us-energy-development-corporation-to-invest-750-million-on-permian-projects/feed/ 0 Expanding gas processing capacity may increase Permian crude https://breakthroughig.com/2024/06/07/expanding-gas-processing-capacity-may-increase-permian-crude/ https://breakthroughig.com/2024/06/07/expanding-gas-processing-capacity-may-increase-permian-crude/#respond Fri, 07 Jun 2024 06:45:52 +0000 https://breakthroughig.com/?p=1552 The development of gas processing plants and a pipeline opening in the Permian Basin are expected to give crude producers a boost in the second half of 2024.

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]]> https://breakthroughig.com/2024/06/07/expanding-gas-processing-capacity-may-increase-permian-crude/feed/ 0 Booming shale production lifts Exxon, Chevron forecasts as oil and gas earning season kicks off https://breakthroughig.com/2024/02/08/booming-shale-production-lifts-exxon-chevron-forecasts-as-oil-and-gas-earning-season-kicks-off/ https://breakthroughig.com/2024/02/08/booming-shale-production-lifts-exxon-chevron-forecasts-as-oil-and-gas-earning-season-kicks-off/#respond Thu, 08 Feb 2024 06:45:10 +0000 https://breakthroughig.com/?p=1492 Exxon Mobil Corp. and Chevron Corp. surpassed earnings forecasts. Exxon rose as much as 1.6% in New York and Chevron climbed 2.8%.

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]]> https://breakthroughig.com/2024/02/08/booming-shale-production-lifts-exxon-chevron-forecasts-as-oil-and-gas-earning-season-kicks-off/feed/ 0 How a spree of oil and gas mergers are setting the stage for 2024 https://breakthroughig.com/2024/01/09/how-a-spree-of-oil-and-gas-mergers-are-setting-the-stage-for-2024/ https://breakthroughig.com/2024/01/09/how-a-spree-of-oil-and-gas-mergers-are-setting-the-stage-for-2024/#respond Tue, 09 Jan 2024 06:45:45 +0000 https://breakthroughig.com/?p=1486 Exxon, Chevron and Oxy led the way in a blockbuster year for Texas oil mergers amid a consolidation wave that is projected to continue.

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