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

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

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

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

ODESSA, Texas — As President Donald Trump enters the first 100 days of his second term, he is once again making his stance on ...

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

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

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.

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

The rapidly-growing sinkhole in Upton County is the latest of many problems caused by old wells in the Permian Basin.

Rising data center demand in Dallas-Fort Worth may shift Permian Basin natural gas pipelines eastward, impacting projects ...

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