In the dry, dusty plains of West Texas, home to America’s most prolific oil play, the problem isn’t too little water, it’s too much of it. Just ask Will Hickey, the 31-year-old chief executive officer of Colgate Energy. Standing on…

Some investors see fortunes to be made in the U.S.’s hottest oil field—by speculating in water, not crude.

Over the past month, a San Antonio-based waste management company has opened two oil and natural gas waste landfills in the Permian Basin to become the largest operator of such landfills in the busy West Texas shale play. Petro Waste…

Dallas private equity firm Tailwater Capital has doubled its stake in Irving oil and gas company Silver Creek Midstream to $300 million following an investment raise. The firm’s first investment in the company came in November and the new capital…

They say the best place to find new oil and gas reserves is where hydrocarbons already have been found. That’s certainly the case with southeastern Oklahoma’s Arkoma Basin. The town of Seminole, Okla., was a classic boomtown in the 1920s…