WaterBridge today announced the launch of an open season to solicit commitments to support the construction of two new large-diameter gathering and transportation pipelines (together, the "Speedway ...

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 ...

BofA lowered the firm’s price target on Permian Resources (PR) to $17 from $19 and keeps a Buy rating on the shares. The firm updated targets ...

The Permian Basin continues to be the heartbeat of the U.S. oil industry, driving growth and efficiency across the sector. With steady production gains, technological advancements and strategic ...

Some areas in the Permian have hit geological limits while others, yet to be drilled, are not expected to be as prolific as ...

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

A Spirit Airlines airplane flying through blue sky and clouds. The expansion is part of Spirit’s restructuring. Spirit is ...

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

The fracking boom in Texas has revitalized oil fields but strained infrastructure in the Permian Basin. Heavy truck traffic has damaged roads, and temporary housing has increased demand for public ...

SANTA FE, N.M. (AP) — The state Legislature has endorsed a bill that would raise royalty rates for new petroleum development ...

As generative AI moves increasingly into the physical world through robotics, vehicles, and drones, the need to map ...

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