An oil and gas company based in Austin, Texas sought to strengthen its Permian Basin presence, spending $132.5 million on lands and facilities already operated in the region.

The Railroad Commission of Texas has raised alarms about increasing underground pressure in the Permian Basin, resulting from the disposal of wastewater from shale oil wells, reported Bloomberg ...

PECOS, TEXAS – Teresa Winkles was sitting at her office at the Reeves County Groundwater Conservation District when the ground began to shake. A magnitude 5.4 earthquake struck the region Nov ...

Permian Resources Corporation (NYSE:PR) is one of the 12 Best Natural Gas Stocks to Buy According to Analysts. Permian ...

U.S. Geological Survey, "Assessment of Undiscovered Oil and Gas Resources in the Spraberry Formation of the Midland Basin, Permian Basin Province, Texas," May 2017 ...

An oil and gas operator based in Midland, Texas said it was expanding its presence in the Permian Basin in both the western Delaware and eastern Midland sub-basins in an about $1 billion deal.

Fossil Fuels Texas Study Finds ‘Massive Amount’ of Toxic Wastewater With Few Options for Reuse Oil and gas companies produce 3.8 billion barrels of wastewater per year in the arid Permian Basin.

ODESSA — A Houston-based oil company with facilities in the Permian Basin agreed to pay $1.3 million in penalties and put in place new measures to reduce pollution, the Environmental Protection ...

The Permian Basin in West Texas is the country's most prolific energy-producing region, accounting for more than 40% of the nation's oil production and about 15% of gas production.

The Permian Basin has a lot of untapped gassier rock that could be part of a “huge investment” in natural gas, said Michael ...

UPTON COUNTY, Texas—A sinkhole around an old oil well is growing at an alarming rate on the Kelton Ranch in West Texas. Radford Grocery #17 was originally drilled as an oil well in the 1950s and ...

(Bloomberg) — Texas oil and natural gas producer Coterra Energy Inc. has reached agreements with two closely-held companies to buy assets in the Permian Basin for $3.95 billion. The deals expand ...