Your gasoline bill could soar as U.S. oil drillers extract more water and gas but less oil from aging fields like the Permian ...

Mentor Capital, Inc. (OTCQB: MNTR) announced that in an all cash transaction it has purchased a 25.127 net royalty acre portion of a producing 71 well pooled project in the West Texas Permian Basin.

The fracking boom that resuscitated the Texas oil fields has also beaten up the infrastructure in the Permian Basin, the ...

Reps. Tom Craddick and Brooks Landgraf want to divert 10% of taxes collected on oil and gas production to help ...

As is now common in Permian oil fields, some existing and the 16 possible wells are projected to utilize multi-leg horizontal and directional drilling with parallel lateral lengths reaching out 2 ...

Meanwhile, wastewater volumes in Texas’ Permian Basin, the nation’s most productive oil field, have increased sharply in recent years to a staggering 25 million barrels, or about a billion gallons, ...

Reps. Tom Craddick and Brooks Landgraf want to divert 10% of taxes collected on oil and gas production to help budget-strapped counties keep up with growth. Truckers line up to receive a load of ...

This story was produced in partnership with the Pulitzer Center. It is part four in a four-part series. Read part one here, ...

The firm owned 220,527 shares of the oil and gas producer ... and Waddell fields in Crane County, Texas. Receive News & Ratings for Permian Basin Royalty Trust Daily - Enter your email address ...