The Permian Basin is rich in oil and natural gas, making it one of the most prolific hydrocarbon-producing regions in the United States. Located primarily in West Texas and southeastern New Mexico, it contains vast reserves of fossil fuels that have been extracted through advanced drilling techniques, including hydraulic fracturing. Additionally, the basin is known for its geological formations that support the development of these resources.
The University of Texas of the Permian Basin was created in 1973.
Permian Basin Royalty Trust was created in 1980.
The motto of The University of Texas of the Permian Basin is 'Disciplina praesidium civitatis'.
The symbol for Permian Basin Royalty Trust in the NYSE is: PBT.
The core of the Permian Basin, including the Midland/Odessa area, is in area code 432.
The web address of the Permian Basin Petroleum Museum is: http://www.petroleummuseum.org
As of July 2014, the market cap for Permian Basin Royalty Trust (PBT) is $659,048,375.44.
Midland, Texas
Midland, Odessa, and Big Spring make up the Permian Basin Region in West Texas.
The address of the Permian Basin Museums Institute is: 201 South 2Nd Street, Albany, TX 76430
The address of the Permian Historical Society is: University Of Texas-Permian Basin, Odessa, TX 79762
The address of the Permian Basin Petroleum Museum is: 1500 W Interstate 20, Midland, TX 79701-2041