Plummeting crude prices could shave 10% off U.S. rig count in first half, Diamondback says. Its CEO says it's slowing as it sees a "red light" ahead..

Oil fields are just as quick to make fortunes as break them. The 1901 Spindletop gusher in Texas jumpstarted the petroleum ...

U.S. crude oil prices rose more than 4% to $59.56 per barrel Tuesday as domestic production is expected to decline.

As the booming U.S. onshore oil and gas industry matures and efficiency levels fall, less active Canadian shale plays stand ...

The Texas Legislature has also invested millions in research to clean the fracking wastewater. Critics say it’s not a viable ...

Diamondback Energy predicts that peak onshore crude oil production in the United States has been reached and will decline due ...

MIDLAND On any given day, energy companies across the vast Permian Basin in West Texas inject ... it up just enough to reuse it for more fracking. Now, amid a growing water crisis, there is ...

While the Permian Basin—including its Midland eastern lobe ... the gassier Montney and Duvernay shale plays—unlocked through drilling and fracking techniques pioneered in the U.S.— in ...

But even in the mighty Permian Basin, which turned the United States ... for the U.S. and the Permian While that approach, known as fracking, opened up vast new reserves, it has not upended ...