Aging and abandoned oil wells in West Texas are causing significant environmental damage, public health risks, and financial ...

Some areas in the Permian have hit geological limits while others, yet to be drilled, are not expected to be as prolific as the prime Tier 1 acreage. Despite record U.S. crude oil production ...

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

Crude oil futures gained for a third straight week, as U.S. sanctions against Iranian and Venezuelan oil raised some ...

Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) announced that it has completed its previously-announced acquisition (the “Transaction”) of the Central Basin Platform (“CBP”) assets ...

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 ...

Upstream oil companies ramped up hiring in February, the Texas Independent Producers and Royalty Owners Association (TIPRO) ...

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, ...

This pilot project will process produced water from the Permian Basin and include ... the desalination of Delaware Basin produced water for a major North America oil and gas operator, TETRA ...