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Website. Permian Basin Royalty Trust. The Permian Basin Royalty Trust (NYSE: PBT) is a United States oil and natural gas royalty trust based in Dallas, Texas. With a market capitalization of US $790,000,000, and an average daily trading volume of about 186,000 shares at the end of 2007, it was one of the largest royalty trusts in the United ...
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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.
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Bryan Sheffield. Bryan Sheffield (born 1978) is the founder of Parsley Energy, a company engaged in hydrocarbon exploration in the Permian Basin that agreed to be acquired by Pioneer Natural Resources in 2020. As of 2019, he owned 32 million shares in the company. [1]
Permian Basin Royalty Trust announced yesterday its May monthly distribution of $0.088488 per unit, based principally upon production during the month of March 2013 for oil and the month of ...
The Permian Basin comprises several component basins; including the Midland Basin which is the largest, Delaware Basin, the second largest, and Marfa Basin being the smallest. The Permian Basin covers more than 86,000 square miles (220,000 km 2), [1] and extends across an area approximately 250 miles (400 km) wide and 300 miles (480 km) long. [2]
Jan. 10—The Permian Basin and southeast New Mexico will remain a hub of brisk oil production, keeping the U.S. a top fossil fuel leader in the coming decades, a national industry group said ...