The Permian Basin continues to reshape its operator landscape. In a notable development, ConocoPhillips has transferred 33 air permits to U.S. Energy Development Corporation (USEDC), marking a strategic pivot for both companies. The permits—filed under the Texas Commission on Environmental Quality (TCEQ)—cover key batteries and wellsites concentrated in Reeves County, including operations near Barstow and Pecos.

FORT WORTH, Texas, Feb. 1, 2024 /PRNewswire/ — U.S. Energy Development Corporation (U.S. Energy), an exploration and production (E&P) company focused on the development of energy projects throughout North America, today announced the results of its 2023 asset acquisition efforts and its plans for strategic growth in 2024. Oil & Gas Data Download U. S. Energy…