Midland, Texas, a city in the heart of the Permian Basin, is a thriving community heavily reliant on the oil and gas industry, with the Permian Basin being a major contributor to US oil production.

Only minimal amounts of untapped oil and gas resources remain in the historic Los Angeles fossil fuel production basin, ...

Two bar charts showing oil output growth from the Permian basin on the left and total United States on the right. Producers are dealing with rising levels of water and gas per barrel produced ...

NEW YORK/HOUSTON (Reuters) - U.S. oil producers are grappling with geological limits to production growth as the country's top oilfield ages and produces more water and gas and less oil - and may ...