Exxon Mobil To Buy Bass Family's Holdings In Permian BasinOil and gas giant Exxon Mobil Corp. is buying the Bass family's Permian Basin holdings in a more than $6 billion stock and cash deal.
Low Oil Prices Send Chills Through Oil PatchOil has averaged $96 a barrel over the past four years, fueling more drilling, more hiring, and bigger appetites in North Dakota, Texas, Oklahoma and elsewhere. Now oil has hit a rough patch, plunging to $80 from $107
Natural Gas Wildcatter Spends $4.25 Billion On Shale Natural gas wildcatter Aubrey McClendon's American Energy Partners LP has invested $4.25 billion in lease holdings and drilling rights in four states - including Texas.
Accusations, Death At 'Friday Night Lights' School The Texas high school made famous in the book "Friday Night Lights" said that a longtime teacher committed suicide a day after being questioned about an alleged improper relationship with a student.
Cornyn Tries To Keep Lizard Off Endangered ListRepublican U.S. Sen. John Cornyn of Texas is trying to block the proposed listing of the dunes sagebrush lizard as an endangered species.
Barnett Contractors Announce Layoffs After Chesapeake Cuts BackOne day after Chesapeake Energy announced to cut back on its drilling operations, independent contractors report job cuts have already began inside other companies that depend on the Barnett Shale.