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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 States.
Nov. 24—Starting with a model of the Texas economy when he was a young professor at Baylor University, economist Ray Perryman of Odessa built a global system that lets him analyze thousands of ...
The basin in southeast New Mexico and Texas accounted for 60 percent of U.S. fossil fuel merger and acquisitions. Permian Basin leads more than $50 million in oil and gas mergers so far in 2024 ...
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In 2016, Bob Fryklund and Pete Stark defined "super basin" combining commerciality, geoscience architecture, infrastructure, and above-ground issues. [1] According to the original paper published in IHS Markit, a basin must count with at least five barrels of oil equivalent (BBOe) produced and at the same volume of recoverable remaining reserves; [2] two or more petroleum systems or source ...
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 Big Lake oil discovery, within the Permian Basin, revised the value of the land, and ensured a richly endowed university system. [ 10 ] In 1900, the Permanent University Fund earned approximately $40,000, mostly from grazing leases; [ 11 ] by 1925, income had increased to $2,000 per day (about $700,000 per year), and by 1943 was just under ...
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