US oil producers face new challenges as top oilfield flags
U.S. oil producers are grappling with geological limits to production growth as the country's top oilfield ages and produces ...
The Texas Tribune on MSN14d
An abandoned West Texas oil well has created a 200-foot-wide sinkhole
The rapidly-growing sinkhole in Upton County is the latest of many problems caused by old wells in the Permian Basin.
Crude Oil Prices11d
U.S. Oil and Gas Rig Count Rises Slightly Despite Uncertainty
The total number of active drilling rigs in the US rose slightly ... while oil prices saw an increase before the rig data release. Drilling activity in the Permian Basin experienced a slight ...
Bloomberg L.P.29d
Critical Fire Conditions to Grip Texas’ Oil-Rich Permian Basin
Critical to extreme fire conditions are expected to affect more than 2.7 million people across the Southwest, lower Great Plains and Texas, including the oil-rich Permian Basin. A large low ...
U.S. News & World Report5d
US Oil Producers Face New Challenges as Top Oilfield Flags
The Permian basin was the centerpiece of the shale revolution that began nearly two decades ago and spurred the U.S. to become the world's top oil producer, stealing market share from the ...