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The Latest Breaking News from the Permian Basin

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.

Barchart

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.

The Texas Tribune

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.

Capital & Main

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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.

The Texas Tribune

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.

Barchart

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.

The Texas Tribune

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How an internship program hopes to end “brain drain” in Texas’ Permian Basin and other rural regions

This is the third year businesses in the Permian Basin — known for high school football and oil fields — have participated in the University of Texas at Austin program. Students this year say they are seeing their hometowns in a new way.

The Texas Tribune

A Texas energy company will pay $1.3 million over pollution in the Permian Basin, EPA says

The EPA last year announced aerial surveillance of “super-emitters.” At least one other company in New Mexico faced a similar fine.

The Texas Tribune

Finding and keeping workers in post-pandemic economy is a struggle for West Texas, local leaders tell Fed

Local leaders told members of the Federal Reserve last week that families are facing financial stresses that make working hard. Educators say they need families more involved at school.

The Texas Tribune

Pioneer Natural Resources Jumps On Reported Exxon Takeover Talks

Pioneer Natural Resources jumped Monday after the Wall Street Journal reported Exxon Mobil has held early talks in buying the Permian Basin shale giant.

Investors Business Daily

Despite Rules, New Mexico Oil and Gas Producers Keep Polluting

A tour of the Permian Basin highlights weak enforcement by state and federal agencies.

Capital & Main

Texas youth organizers take aim at the biggest oil field in the US

Proposed El Paso climate charter seeks to prohibit use of city water for extraction projects including those in Permian Basin

The Guardian - US

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