Aging and abandoned oil wells in West Texas are causing significant environmental damage, public health risks, and financial ...

The rapidly-growing sinkhole in Upton County is the latest of many problems caused by old wells in the Permian Basin.

Map showing respective Permian Basin acreage positions of Diamondback Energy (red) and Double Eagle ... [+] (blue). Andrew Dittmar, Director at Enverus, said in an email that the deal means ...

“But it’s not going to be cheap.” The sinkhole is the latest in a string of catastrophic incidents with old oil wells in the Permian Basin of West Texas, some plugged and others no ...

Oil firms in the Permian Basin are investing in water management and recycling to sustain operations and explore new ...

U.S. drilling activity remains steady with 592 rigs, but the Permian Basin sees a decline, falling three rigs to 301.