Two companies are teaming up to advance development of the Barnett Shale in the Permian Basin. IOG Resources II LLC of Dallas has formed a joint development partnership with Elevation Resources LLC of ...

Permian E&P Ring Energy is cutting spending and prioritizing debt reduction with oil prices hanging around $65/bbl.

Argent Trust Company, as Trustee of the Permian Basin Royalty Trust (NYSE: PBT) ("Permian" or the "Trust") today declared a cash distribution to the holders of its units of beneficial interest of ...

PERMIAN BASIN (KMID/KPEJ)- Despite numerous deadly crashes across West Texas, Permian Basin road safety statistics have shown early promise, according to recent data. The Permian Road Safety Coalition ...

Elevation Resources LLC, Midland, Tex., plans a 2025 drilling program consisting of 10 horizontal Barnett wellbores in the Permian basin in Andrews County, Tex. Elevation Resources LLC ...

Opponents of the oil and natural gas industry argue the industry is a main culprit of climate change when the industry, led by Texas, has implemented a range of technological advances to reduce ...