Pioneer CEO Scott Sheffield has been through more ups and downs than just about anyone in the business. This bust, he says, will change everything—forever.
After the oil bust, wind and solar energy might be the Permian Basin’s best hope.
On a special edition of the National Podcast of Texas, the West Texas native and former roughneck explains this week’s record-setting price plunge and weighs its long-term impact on the state’s once-thriving energy business.
The Santa Rita oil well, named after the patron saint of impossible dreams, launched the first Permian Basin boom and has been fueling the dreams of West Texas wildcatters ever since.
Our new 11-part series takes you inside the rugged Permian Basin of West Texas, where roughnecks and billionaire wildcatters are fueling a boom so big it’s reshaping our climate, our economy, and our geopolitics.
Though some will reap serious profits, the region's dealing with skyrocketing rents, overcrowded schools, and potholes as big as VW Beetles.
The state’s biggest industry finds itself in an unusual position: facing landowner-friendly reforms at the Texas Legislature.
Welcome to the Permian Basin, home of the hottest oil play in the world.
In her new book, Bethany McLean explores the unstable financial future of fracking.
There are not enough pipelines to take away the natural gas being produced in the Permian Basin.
Experts discuss Permania and the oil field’s future at the University of Houston.
Association report says Permian oil production provides 45 percent of the output from the Lower 48.
There’s been a recent uptick in activity in the Permian Basin. This week we look back at the last time West Texas was booming.
Growing up in the Permian Basin, I thought I had a sense of what it was like working the oilfields. Turns out I didn’t know a damn thing.
A son of the oil patch chases the new boom in South Texas.
The oil industry cheered news Wednesday that the tiny lizard will not be added to the endangered species list.
Forget the Outer Continental Shelf. There’s a good old-fashioned boom happening in Midland, thanks to a crafty drilling technique that unlocked the secret reserves of the Permian Basin and revived the late, great West Texas oilman.
Scenes from the new oil bust.
The feds have postponed their decision on whether to add the dunes sagebrush lizard to the endangered species list until mid-2012.
As the drought tightens its grip on Texas, its effects are being felt everywhere, from rivers to reservoirs to the formerly verdant lawns of Midland.