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As cash flow flattens, major energy companies increase debt, sell assets

Source: U.S. Energy Information Administration, based on Evaluate Energy database Note: Annualized means each point on the graph is the sum of the previous four quarters. Thus, the first-quarter 2014 results on an annualized basis mean the data represent the sum of…

Six formations are responsible for surge in Permian Basin crude oil production

Source: U.S. Energy Information Administration calculations, based on data from Drillinginfo Note: Production through December 2013 is reported. Production from January 2014 through May 2014 is estimated. Glorieta and Yeso are separate formations combined for this article. Additional amounts of Permian production…