The oil and gas industry has driven the economy in both Midland and Odessa. Analysts say both cities have had top performing economies in the United States.
The predictions are as expected: we will see a slowdown in the Permian Basin in the coming year. But looking at the next five years, things not looking as bad, according to economist and CEO of the Perryman Group.
Compared to all of the millions of miles of oil and gas pipelines in america, the Keystone XL Pipeline would be relatively small. But, the issue has outgrown the pipeline's size. Some even calling it a symbolism of power.
A drop in oil prices could cause an increase in crime in West Texas, according to police.
Midland -based Precision Frac, a company that produces equipment used in the oil and gas industry, was named America's number four most promising company by Forbes Magazine.
The effects of a slowdown in the oil and gas industry are beginning to be seen across the Permian Basin, but according to economists the slowdown won't have a dramatic effect on the state.
The Permian Basin Petroleum Association honored Howard W. Parker and Joe M. Parsley of Parker & Parsley Thursday for their work in the oil and gas industry.
Midland Mayor Jerry Morales said a slowdown in the oil and gas industry could help the city finish road and improvement projects.
"One of the things you learn in petroleum history is that since 1859 when the well came in at Titusville, oil prices have gone up and down."
Experts predict 2015 to be a year of slowdown for the oil and gas industry.
The drop in oil prices is likely to affect real estate in West Texas, according to a local Realtor Associate.
The price of oil is the lowest it's ever been in years and yet, energy companies in the Permian Basin are making huge monetary contributions during the holidays.
With falling oil prices, some oil and gas companies are looking at innovative ways to save on their operations.
"The price is low enough now where you're going to start seeing some slowdown in activity."
The Permian Basin Arc Users Group is looking to inspire the next generation of students to choose a career in GIS, or Geographical Information System.
Pioneer Natural Resources invested $76 million on its new Permian Basin headquarters, which officially opened Wednesday.
A Midland-based service and technology company is looking to innovation in the oil and gas industry in order to reduce production costs.
Despite a decline in oil prices, Polyflow, a Pennsylvania based company that engineers, manufactures and sales pipelines recently opened the first pipeline manufacturing facility in Midland.
With republicans controlling both houses of Congress, it is likely that they will begin to consider energy issues including the Keystone XL pipeline, exporting crude and hydraulic fracturing.
For many, cheap gas means saving money. But in the Permian Basin, cheap gas is the cause of worry.
The Permian Basin International Oil Show closed its doors Thursday after three days of hundreds of oil and gas industry-related exhibits.
On the final day of the Permian Basin International Oil Show, Atlas Copco gives Local Big 2 News a special look at one of their drilling rigs.
As thousands visited the Permian Basin International Oil Show, Kirby-Smith Machinery gave Local Big 2 News an inside look at their cranes and heavy machinery.
During the Permian Basin International Show various oil and gas company also use the time to host company parties.
The Permian Basin International Oil Show kicked off Tuesday with over 680 exhibitors and thousands of spectators.
The Permian Basin International Oil Show kicks off in less than a week and organizers say this is the largest and biggest show to date.
Magellan Midstream Partners and Occidental Petroleum Corp announced that the new BridgeTex pipeline is successfully transporting crude from the Permian Basin to the Houston/Gulf Coast area.
Graduating with a petroleum engineering degree pays back quickly. Starting pay is at an average of $103,000 a year, according to PayScale, an online salary, benefits and compensation information company.
Growing oil exploration in the Wolfcamp/Cline geologic formation has positioned Big Lake, Texas at the center of one of the nation’s largest production fields.
A lobbyist speaking in the Permian Basin warned that a ban on hydraulic fracturing in Denton, Tex. could also have an effect on other cities in Texas.
Oil and gas drilling and production equipment more than 100 years old is permanently on display at the Permian Basin Petroleum Museum. But years of outdoor wear and tear have caused some of the equipment to rot and fade.
BHP Billiton, an Angelo-Australian oil and gas company with operations in the Permian Basin, is expanding in Reeves County and donating money to help the community.
In Texas mineral estate owners have the right to what's under the ground while surface estate owners have rights to whats on the ground. Local Big 2's Camila Bernal takes a closer look at what happens when you only own the surface
To keep up with technology in the oil and gas industry, Halliburton, one of the largest oil field services companies, said they are working on what they call “Frac of the Future.”
As the city of Midland continues to grow, city leaders must figure out how to accommodate the existing drilling sites, the ones planned for the future and the developers wanting to expand.
Discussions of the lesser prairie chicken brought together government officials, oil and gas industry leaders and ranchers in the Permian Basin Tuesday.
The oil boom in the Permian Basin doesn't just bring oil. In recent years, hand injuries, caused by heavy equipment in the oil field have also increased.
Although the Permian Basin is known for the oil and gas industry, a large ranching community is also a key part of the area.
The debate over the possibility of a link between hydraulic fracturing and earthquakes has been around for years. But researchers from Cornell University and the University of Colorado say a few highly active disposal wells are causing earthquakes in Oklahoma.
The first large-scale solar project in Pecos County is just months from being completed, expanding energy production to much more than wind, oil and gas.
The Barilla Solar Project in Pecos County is about two months from its official opening, becoming Pecos County’s first large-scale solar project.
Congressman Mike Conaway speaks on the importance of the oil and gas industry, and the national conversation around the EPA, hydraulic fracturing and exporting oil.
The hydraulic fracturing boom opened doors for the oil business but it also expanded the horizon for natural gas.
The environmental protection agency announced a clean power plan on Monday, causing controversy across the nation. Experts say the plan will have an immense impact on the coal industry and possibly on the oil and gas industry.
Chevron, one of the largest oil companies in the world, chose to hold their annual stockholders meeting in the Permian Basin, highlighting the area’s importance to the company.
A group of Ecuadorian indigenous and others traveled to the Permian Basin Wednesday to protest and ask Chevron, one of the largest oil companies in the world, to clean up the oil damage in the Ecuadorian Amazon.
Oil companies in the Permian basin rely on Mudlogging companies to determine the type of rock they are drilling in and what they are drilling into.
The relationship between oil and natural gas is constantly growing.
When oil and gas companies are looking for the perfect place to drill, they rely on various technologies to know exactly where they can make more money.
Under state regulations, oil companies must release the ingredients in their hydraulic fracturing fluid.