Permian Basin-focused Diamondback Energy emerged as the region’s reigning independent producer giant a year ago following its $26 billion buyout of privately-held Endeavor Energy Resources. That ...

Diamondback, the largest independent oil and gas producer in the Permian Basin, plans to formally announce the deal for Double Eagle as early as Tuesday morning, said the people, who asked to not ...

The Permian Reef was once home to a thriving sea of marine life, including sponges, algae, clams, corals, trilobites and sea urchins. The 8.4-mile Permian Reef Trail in McKittrick Canyon offers ...

The shale firm has been doubling down on the Permian basin, which straddles West Texas and New Mexico, striking a $26-billion deal in 2024 to buy rival Endeavor Energy Partners to become the third ...

This potential acquisition, valued at over $5 billion, highlights Diamondback's commitment to strengthening its foothold in the prolific Permian Basin, the country’s largest oil field.

Established to preserve Carlsbad Cavern and numerous other caves within the Permian-age fossil Capitan Reef. The park contains over 85 known caves. This includes Lechuguilla Cave, the nation's ...

The end-Permian mass extinction occurred around 252 million years ago, and wiped out over 80% of marine species and 70% of terrestrial species due to extreme environmental changes including global ...