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The Permian Basin Petroleum Museum is a museum in Midland, Texas, USA, with exhibits relating to the oil and gas industry of the Permian Basin of west Texas and southeast New Mexico. Museum exhibits include the geology of the area during the Permian period, the technology of the petroleum industry, racing cars designed by Jim Hall, and ...
Helmerich & Payne, Inc. (/ ˈhɛlmrɪk / HELM-rik) is an American petroleum contract drilling company engaged in oil and gas well drilling and related services for exploration and production companies [2] headquartered in Tulsa, Oklahoma, with operations throughout the world. Their FlexRigs, introduced in 1998, have been used extensively in ...
Permian Basin (North America) The Permian Basin is a large sedimentary basin in the southwestern part of the United States. It is the highest producing oil field in the United States, producing an average of 4.2 million barrels of crude oil per day in 2019. This sedimentary basin is located in western Texas and southeastern New Mexico.
Pioneer Natural Resources Company. Pioneer Natural Resources Company, headquartered in Irving, Texas, was a company engaged in hydrocarbon exploration. It operated in the Cline Shale, which is part of the Spraberry Trend of the Permian Basin, where the company was the largest acreage holder. [1] In May 2024, the company was acquired by ExxonMobil.
Diamondback Energy. Diamondback Energy, Inc. is a company engaged in hydrocarbon exploration headquartered in Midland, Texas. As of December 31, 2020, the company had 1,788 million barrels of oil equivalent (1.094 × 10 10 GJ) of estimated proved reserves, of which 52% was petroleum, 24% was natural gas, and 24% was natural gas liquids. The ...
The East Texas Oil Field is a large oil and gas field in east Texas. Covering 140,000 acres (57,000 ha) and parts of five counties, and having 30,340 historic and active oil wells, it is the second-largest oil field in the United States outside Alaska, and first in total volume of oil recovered since its discovery in 1930. [1]
The headquarters of the company in Post Oak Central, Houston, Texas. APA Corporation is the holding company for Apache Corporation, an American company engaged in hydrocarbon exploration. [2] It is organized in Delaware and headquartered in Houston. The company is ranked 431st on the Fortune 500.
West Texas Intermediate oil price history 1946–2022 [1] West Texas Intermediate (WTI) is a grade or mix of crude oil; the term is also used to refer to the spot price, the futures price, or assessed price for that oil. In colloquial usage, WTI usually refers to the WTI Crude Oil futures contract traded on the New York Mercantile Exchange (NYMEX).