Articles by tag: Permian Basin
Amidst an ongoing boom in crude oil production in the Permian Basin, an unanticipated focal point has arisen: New Mexico. Over the last two years, the state has contributed to an astonishing 50% of the total increase in oil production from this prolific oil and gas region. The stakes are high, and the unique […]
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Energy
The Modern Day Gold Rush in the Permian Basin
The recent discovery of a massive reservoir of oil in the Permian Basin has led to a modern-day gold rush. The discovery in West Texas helped the United States briefly become a net-exporter of oil for the first time in decades. Although that status may have been short-lived, the boom has brought jobs and […]
Energy
Supporting the Permian Basin and a Booming Oil Industry
The oil and gas industry is still as strong as ever, with the Permian Basin right in America’s backyard being one of the central locations for this boom. The large sedimentary basin in the southwest area of the U.S. is one of the most prolific oil and natural gas geologic basins in the U.S, […]