Permian Strategic Partnership Celebrates Fifth Anniversary

US Sen. John Cornyn and TxDOT Chairman Bruce Bugg Jr. Join the PSP in commemorating transformative efforts The Permian Strategic Partnership (PSP) proudly marks its fifth anniversary in 2024. To kick off the celebration and commemorate half a decade of transformative efforts in the Permian Basin, the PSP hosted a luncheon event featuring esteemed guests […]

Regional Partners Launch Permian Basin Road Safety Campaign

The Permian Strategic Partnership, the Permian Road Safety Coalition, TxDOT and DPS join to decrease traffic fatalities The Permian Strategic Partnership (PSP) is pleased to announce the launch of a collaborative social media campaign to promote road safety in the Permian Basin. This initiative, conducted in partnership with The Permian Road Safety Coalition, the Texas […]

Permian Strategic Partnership Adds Two Leading Midstream Companies

The Permian Strategic Partnership (PSP) continues expanding its membership with the addition of two distinguished midstream companies, Targa Resources Corp. and Western Midstream, as its 26th and 27th members. This addition highlights PSP’s dedication to building a coalition of partners invested in the continued success of the Permian Basin region. The PSP’s goal is to strengthen and improve […]

Permian Strategic Partnership Continues to Grow; Liberty Energy joins as 25th Member

The Permian Strategic Partnership (PSP) proudly welcomes its 25th member, Liberty Energy (NYSE:LBRT), a North American oilfield services firm that offers one of the most innovative suites of completion services and technologies to onshore oil and natural gas exploration and production companies.. Liberty Energy joins the PSP’s coalition of leading energy companies and academic institutions, […]

Permian Strategic Partnership and Abell-Hanger Foundation Launch $15.6 Million Initiative to Establish Midland Harmony Science Academy

The Permian Strategic Partnership (PSP), along with the Abell-Hanger Foundation, today announced a $15.6 million initiative to expand the Harmony Public School system in the Permian Basin. The investment will help address the critical need for high-quality seats in our community by establishing the Midland Harmony Science Academy and expanding access to a Science, Technology, […]

Permian Basin Elections Decided by less than 10% of Area Residents

Permian Strategic Partnership’s 2023 get out the vote campaign aims to boost voter turnout in November In response to declining participation in general elections across the Permian Basin over the past four years, the Permian Strategic Partnership (PSP) announced today the launch of its 2023 Get Out the Vote Campaign. This effort seeks to register new voters […]

Permian Strategic Partnership Expands, Welcoming Education Powerhouses

The Permian Strategic Partnership (PSP) announced today that the Texas Tech University (TTU) System and The University of Texas (UT) System – two of the largest university systems in the country and national leaders in research, higher education and healthcare – joined the organization as its 23rd and 24th members. “The University of Texas and […]

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New Report Finds that the Permian Basin Contributes $181.8 Billion in GDP and Nearly 786,000 Jobs to U.S. Economy

Economic Impact Report highlights the growing importance of the Permian Basin Midland, TX (Aug. 29, 2023) — The Permian Basin’s economic impact continues to gain momentum, bringing promising news for Texas, New Mexico and the entire nation. According to the latest report by the Permian Strategic Partnership (PSP), the Permian Basin had a record year for […]

Permian Strategic Partnership Announces Twenty-Second Member

Mewbourne Oil Company to Join the Organization in 2023 The Permian Strategic Partnership (PSP) today announced the addition of  Mewbourne Oil Company, a prominent independent oil and natural gas producer in the Permian Basin, as the organization’s twenty-second member. The addition of Mewbourne Oil Company enriches the group of industry leaders leveraging their resources to improve the […]

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Permian Strategic Partnership Applauds Texas Department of Transportation’s $4.3 Billion Commitment to Region’s Infrastructure

The Permian Strategic Partnership (PSP) applauds the Texas Department of Transportation’s (TxDOT) approval of the Unified Transportation Program (UTP), which serves as TxDOT’s infrastructure plan for the next decade. Notably, the 2024 UTP allocates an impressive $4.3 billion to the Odessa District, providing an increase of nearly $1 billion in additional funding from last year’s […]

Permian Strategic Partnership Announces Twenty-First Member

ChampionX to Join the Organization in 2023 The Permian Strategic Partnership (PSP) today announced that ChampionX, a global leader in chemistry solutions, artificial lift systems, emissions technologies, and other highly engineered equipment and solutions that help companies drill for and produce oil and gas safely, has become the organization’s twenty-first member. With this addition, ChampionX […]

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15 New Mexico Students Begin Summer Energy Internship

The Permian Strategic Partnership (PSP) has partnered with nine Southeast New Mexico school districts to send 15 high school students to Hobbs for a two-week innovative summer energy internship beginning June 12, 2023. During the two-week program, students will engage in an immersive exploration of diverse careers within the energy industry. The program will begin […]

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Permian Strategic Partnership Transformed $125 Million in 2022 into Over $1 Billion in Collaborative Investment

The Permian Strategic Partnership (PSP), a coalition of 20 energy companies committed to strengthening and improving the quality of life for Permian Basin residents, released its 2022 annual report today. Since its establishment in 2019 and through the end of 2022, the organization committed $125 million in philanthropic investments to generate over $1 billion in […]

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Education Leaders Unite at Permian Basin Education Leadership Summit

The Permian Strategic Partnership (PSP) and the Education Partnership of the Permian Basin (EPPB) brought together education leaders from across West Texas and Southeast New Mexico for the third annual Permian Basin Education Leadership Summit (PBELS) today. The event provided a forum for educators to discuss success stories and the latest issues facing education in […]

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Permian Strategic Partnership launches Energy Pathways to bridge skills gap in the energy sector

New initiative to bring energy education to K-12 Districts and Colleges in the Permian Basin, bolstering the region’s workforce and economic growth. The Permian Strategic Partnership (PSP) and its partners have unveiled a groundbreaking initiative to address the critical shortage of skilled professionals in the energy sector. Energy Pathways, a comprehensive curriculum and resource program, […]

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Permian Basin Schools to Benefit from $6.1 Million Investment in Leadership Training

Permian Strategic Partnership and Scharbauer Foundation to provide training through The Holdsworth Center The Permian Strategic Partnership (PSP) and the Scharbauer Foundation announced today their continued commitment to supporting education in the Permian Basin by partnering with the Holdsworth Center on a $6.1 million investment in leadership training of public school officials across the region. […]

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Permian Strategic Partnership Applauds Increased Texas Transportation Funds for Permian Basin

The following statement can be attributed to Permian Strategic Partnership (PSP) Chairman Secretary Don Evans: The Permian Strategic Partnership applauds the decision of the Texas Transportation Commission, which oversees the Texas Department of Transportation, to increase the funding distribution to the Texas Energy Sector by over $1 billion in the proposed 2024 Unified Transportation Program […]

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Permian Strategic Partnership President Testifies Before Congress

Permian Strategic Partnership (PSP) President and CEO Tracee Bentley made a compelling case for the positive impact of oil and natural gas production on local communities during her testimony before the U.S. House Subcommittee on Energy and Mineral Resources at The University of Texas Permian Basin Midland Campus on Monday. The hearing, entitled “Federal Energy […]