From 2020 to 2024, U.S. crude oil and lease condensate production increased by 1.9 million barrels per day, with 93% of this growth coming from just ten counties in the Permian Basin in Texas and New
A recent U.S. Geological Survey assessment revealed 1.6 billion barrels of oil and 28.3 trillion cubic feet of gas in Texas' Permian Basin, specifically within the Woodford and Barnett shales. These r