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Trusted News & Timely Insights

    • Permian Basin

    Danger of severe weather in Texas
    Alabama

    Danger of severe weather in Texas

    Severe thunderstorms are possible in northwest Texas, Texoma, and Texoma by midday. Some storms may be severe, with large hail, damaging winds, and the threat of a tornado. Storms will move into northeast Texas later this afternoon. Tonight, a line…

    Posted on Idris Bevan
    Stay prepared for severe thunderstorms
    Iowa

    Stay prepared for severe thunderstorms

    Yesterday began a series of active weather days across Texas. We expect further impacts this weekend and Monday, including heavy rainfall and severe thunderstorms. After a few quiet days, another upper-level storm system will arrive around Friday. There were thunderstorms…

    Posted on Eira Gwyneth
    Strong storms tonight in North Texas with the arrival of the cold front
    New Jersey

    Strong storms tonight in North Texas with the arrival of the cold front

    The chance of thunderstorms returns to Texas this evening and will become an almost daily part of our forecasts through the first week of November. Our dry weather pattern is finally coming to an end. Today the eastern 75 percent…

    Posted on Seren Anwen
    Exxon puts Permian assets up for sale
    Tennessee

    Exxon puts Permian assets up for sale

    As Bloomberg reported, Exxon wants to sell some conventional oil and gas reserves in the Permian Mountains. The proceeds from the potential sale are expected to be around one billion dollars. In a written response to the publication’s questions, Exxon…

    Posted on Eira Gwyneth
    Consolidation of American shale oil continues, rumors of another sale
    Tennessee

    Consolidation of American shale oil continues, rumors of another sale

    By Michael Kern – August 7, 2024, 2:00 p.m. CDT Privately held Franklin Mountain Energy is reportedly considering a sale of its Permian Basin assets, which have a potential value of around $3 billion. The consolidation trend in…

    Posted on Eira Gwyneth

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