U.S. drilling activity increased for the third consecutive week, with Texas adding the most rigs, according to Baker Hughes.

Diamondback Energy (FANG) is reportedly lining up a $5 billion deal to buy West Texas oil group Double Eagle.Maximize Your Portfolio with Data ...

Fort Worth-based Double Eagle owns more than 95,000 net acres in the Midland portion of the Permian Basin and is one of the ...

Oil prices rose on Friday and were poised to end three weeks of decline, buoyed by rising fuel demand and expectations that U ...

Oil prices rose in Asian trade on Friday, poised to end three weeks of decline, buoyed by rising fuel demand and expectations ...

Brent futures were up 19 cents at $75.25 a barrel by 0300 GMT, while U.S. West Texas Intermediate (WTI) crude rose 12 cents ...

Ongoing increases in production and consumption of shale gas continue adding carbon emissions to the atmosphere as industrial ...

In the 1920s, oil was becoming a hot commodity in Texas. The success of the Spindletop oil well in Beaumont in 1901 had set ...

Oil prices dropped more than 2% on Feb. 12 after U.S. President Donald Trump took a significant step toward ending the ...

Teaming up with Clint Murchison Sr. and amassing an oil fortune, his influence lives on through his foundation and the Bass ...

The Reagan County Sheriff's Office has announced that it is searching for two men believed to be connected to a theft that occurred at an oil field in early February.

Fire crews are investigating a fire that happened Sunday evening. According to the Midland Fire Department, around 7:47 p.m.