oil production News

West Texas Lawmakers Want to Divert Oil and Gas Taxes to Address Oil Patch Repairs

The fracking boom that resuscitated the Texas oil fields has also beaten up the infrastructure in the Permian Basin, the state’s biggest oil and gas drilling region. More heavy trucks drove through small towns, tearing up roads. Companies built temporary …

Gulf of Mexico Oil Drilling Under Threat From Government Impasse

A fight over Gulf of Mexico oil production is looming in Washington as US regulators race to redo guidance on how to protect endangered species ahead of a deadline that could ultimately threaten about 15% of the nation’s crude output. …

April Blizzards Drive Down North Dakota Oil Production

State officials officials say a pair of blizzards that smacked North Dakota in April caused a dramatic reduction in oil production. The Bismarck Tribune reported that State Mineral Resources Director Lynn Helms provided state regulators updated production estimates Friday. The …