Citing references, Longanecker said the Basin is named for the Permian Period 299 million to 251 million years ago, but it traces its origins to the Precambrian tectonic events of 1.3 billion to ...

Permian Resources Corp. has put its 2025 production guidance between 170,000-175,000 barrels per day (bpd) for crude oil and 360,000-380,000 barrels of oil equivalent a day (boed) for total output.

Permian Resources Corporation (NYSE:PR) successfully closed its $818 million Barilla Draw acquisition last year, increasing its output by about 24,000 barrels of oil equivalent per day.

Oil volume for the period was 174,967 barrels per day (Bbls/d), up 15.3% year over year. The consensus mark was pegged at 171,776 Bbls/d. PR’s natural gas production was 673,388 thousand cubic ...

As an extinction crisis wiped out species at the end of the Permian Period, a predatory species emerged that dominated Southern Africa’s domain. By Jeanne Timmons Some 252 million years ago, it ...

About 250 million years ago, at the end of the Permian period, something killed some 90 percent of the planet's species. Less than 5 percent of the animal species in the seas survived.

Mega El Niños could have intensified the world’s most devastating mass extinction, which ended the Permian Period 252 million years ago, a new study found.

The Permian period immediately predated the dinosaurs. Ronchi said he was also “surprised by the abundance and preservation” of the fossils when he first saw the images.

Occidental Petroleum is reportedly in the final stages of discussions to divest its Barilla Draw assets in Texas to Permian Resources, reported Reuters. The potential deal could be worth ...

Mega El Niños could have intensified the world’s most devastating mass extinction, which ended the Permian Period 252 million years ago, a new study found.