The Permian Basin is the largest oil field on the planet. Tens of thousands of wells dot the 86,000 square landscape that spans West Texas and Southeastern New Mexico. Disclaimer: AAAS and EurekAlert!

Diamondback Energy's buyout of Double Eagle could signal the winding down of the rapid consolidation of the Permian Basin ...

Diamondback Energy, a major player in the shale oil industry, has announced its acquisition of certain units of Double Eagle ...

When it comes to the Permian Basin and the amount of oil and gas resource ... [in Austin], and Mark said 'I want to put permits on a map on the Internet,'" he laughs, "I said 'well, that's a ...