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UNBELIEVABLE: 2 - Caught on Camera

Ranchers reported abandoned oil wells spewing wastewater. A new study blames fracking.

An SMU study is the first scientific proof of a phenomenon local landowners have long warned was occurring.

The Texas Tribune

New Mexico Has Some of the Nation’s Toughest Oil and Gas Regulations. Enforcing Them Is Another Matter.

With the EPA hamstrung by the Supreme Court and shaky state funding, New Mexico could face a future with reduced protections.

Capital & Main

Truckers hope protest over unpaid hours and lack of restrooms will spark a Permian Basin labor movement

Truckers say they can wait up to 18 hours without pay to load or unload fracking sand. The drilling sites often lack restrooms.

The Texas Tribune

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Diamondback Energy Stock: Is FANG Outperforming the Energy Sector?

Diamondback Energy recently outperformed the broader energy sector, and analysts seem confident about the stock’s potential, citing its solid position in the Permian basin and pending acquisition.

Barchart

1 Top Energy Stock to Profit from Shale Industry Consolidation

Merger and acquisition activity in the U.S. oil and gas sector has surged to almost $200 billion in the past year. Not surprisingly, the country’s richest shale area - the Permian Basin - has been the focus of much of the activity over the past five years - and with…

Barchart

As the EV market cools, the oil industry scorches with $250 billion in high-stakes deals and mass consolidation—'the bigger the company is, the more money they make'

What’s causing the industry’s merger surge? “The Permian Basin, the Permian Basin, and the Permian Basin,” says one CEO.

Fortune

U.S. oil and gas production is booming. So are the industry’s donations to its GOP allies

The biggest recipient of campaign donations from the industry isn’t Donald Trump or President Joe Biden, it’s a Texas House member who represents part of the Permian Basin.

The Texas Tribune

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“Nobody really knows what you’re supposed to do”: Leaking, exploding abandoned wells wreak havoc in West Texas

The Texas Railroad Commission is tasked with plugging wells. But the state regulators say their scope is limited.

The Texas Tribune

Railroad Commission approves oilfield waste ponds next to Baptist camp in Permian Basin

Martin Water is building an oil and gas waste recycling facility next to the Circle 6 Baptist Camp in the Permian Basin despite concerns about water and air pollution.

The Texas Tribune

2 Small-Cap Energy Stocks with More Than 30% Upside Potential, According to Wall Street

With a series of blockbuster deals in the Permian Basin still shaking up the energy sector, here are 2 small-cap stocks analysts think have significant upside potential.

Barchart

Driving in West Texas is deadly dangerous. A new report measures how much.

A nonprofit commissioned the report that found severe and fatal vehicle crashes in the Permian Basin far outpaced the state.

The Texas Tribune

Consolidation in Permian Basin continues as Diamondback acquires Endeavor Energy

Learn about the latest mergers and acquisitions in the Permian Basin, with a focus on potential companies that could be acquired in the future.

Top News

Oil and Gas Wastewater Spills Pollute the Lone Star State

Pollution from energy sector spills impacts soil, contaminates water resources and kills wildlife while the state resists new regulations.

Texas Observer

Tim Dunn, the powerhouse GOP donor, to sell his West Texas oil company for $12 billion

Tim Dunn has used his wealth to establish a network of organizations that push his ultraconservative views across Texas. The deal comes amid a time of consolidation in the Permian Basin.

The Texas Tribune

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Barchart

1 High-Yield Energy Dividend Stock to Own for 2024

For energy investors seeking out steady dividend income and exposure to the oil-producing gusher that is the Permian Basin, here's a top-rated stock pick to consider right now.

The Texas Tribune

An effort to prepare West Texas students to work in the oil and gas industry is expanding

The expansion, which will start with a smaller pilot in four high schools between Texas and New Mexico, is being paid for by the Permian Strategic Partnership, a group funded by major energy producers.

The Texas Tribune

Midland fights disposal of oilfield wastewater near its drinking supply

As oil and gas companies struggle to dispose of their wastewater in the Permian Basin, the city of Midland is challenging applications for disposal wells near one of its drinking water sources.

The Texas Tribune

In a hot oil and gas economy, a West Texas welder charts his own course one cup of coffee at a time

Fabian Maldonado has supported his Odessa family for years on his welding salary. Wanting more, he’s gambling that a mobile coffee trailer can withstand the booms and busts of the industry.

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Barchart

This Permian Basin Energy Stock Could Be the Next Big Oil Takeover Target

Large oil companies in the U.S. are making barrels of cash, and Exxon's bid to buy Pioneer could set off a flurry of similar acquisitions in the Permian Basin.

The Texas Tribune

As West Texas’ population grows, the need for more mental health care does too

Like many regions in Texas, the county jails and hospitals have been at capacity with people needing mental health help. Local leaders hope a new 200-bed facility will alleviate pressure.

Capital & Main

Natural Gas Recapturing Process Promises Waste Reduction — but Questions Linger

Meanwhile, report after report shows greenhouse gas emissions are on the rise in New Mexico.

The Texas Tribune

Texas leads the nation in oil production. What about industry-related deaths?

An industry leader in the Permian Basin said the new report proves safety regulations are helping. Other observers say more data is needed to understand risks of extraction.

Barchart

3 Top Energy Stocks to Buy on Rising Oil Prices

With crude futures closing last week at a new year-to-date high, here's a spotlight on three high-quality stocks from the energy sector that are poised to benefit from higher commodity prices.

The Texas Tribune

Odessa — known for oil and football — hopes a new multisport complex will draw tourists, renew pride

Leaders in the Permian Basin have been averse to major investment projects because of the boom and bust cycle of the oil business. They hope this project helps shift that thinking.

The Texas Tribune

Texas’ environmental agency enables companies to increase oilfield wastewater disposal in rivers

Researchers are still studying the chemical makeup of “produced water” from Permian Basin oil fields. But regulators say they’re ready to issue permits to discharge the water into rivers and creeks.

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