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

Houston-based Occidental Petroleum Corp. (NYSE: OXY) sold 250,000 acres of mineral rights in the Denver-Julesberg Basin for ...

U.S. rig count drops, with Permian Basin drilling at its lowest since February 2022, according to Baker Hughes.

U.S. oil producers are grappling with geological limits to production growth as the country's top oilfield ages and produces ...

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 rig count in the Permian Basin was down three this week, the latest count Friday by Baker Hughes shows, with 297 rigs active in the region. A year ago, 316 rigs were active in the region.

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

The Permian Basin, the premier U.S. shale-oil production region, is rapidly developing into much more complex territory.

As President Donald Trump enters the first 100 days of his second term, he is once again making his stance on the oil and gas ...

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

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

(Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three ...