Viper Energy Adopts OpCo Distribution Reinvestment Plan
Diamondback will reinvest its Viper distributions beginning with the third quarter payment due November 19, 2026.
Texas Oil and Gas News
Coverage of oil and gas in Texas focuses on exploration, drilling, pipeline development and refining operations. The reporting captures activity from the industry sectors and the broader economic implications for the state.
Recent news
November 5, 2026
STAK Eyes Gas Generator Procurement DealSTAK Industry Energy Ltd., a Texas-incorporated subsidiary of Nasdaq-listed STAK Inc., has signed a non-binding letter of intent for possible generator purchases.
November 5, 2026
Midland County Posts Record Oil Output YearRoyalty Clerk's compilation of Railroad Commission filings shows Midland County produced 238.9 million barrels in the twelve months ending August 2026.
November 5, 2026
Matador to Grow Production Mid-Single Digits in 2027Matador Resources expects mid-single-digit production growth in 2027 after shifting gas sales to improve pricing and cash flow.
November 5, 2026
Texas A&M System Joins Permian Strategic PartnershipThe university system becomes the third higher education partner in the Permian Strategic Partnership, alongside Texas Tech and the University of Texas systems.
November 5, 2026
SciDev Wins Up to $20M Permian Basin ContractThe bulk completion chemistry deal supports a hydraulic fracturing crew operated by an unnamed North American oil and gas producer.
November 5, 2026
Texas Pacific Land Posts Record Quarterly RevenueThe Permian Basin landowner's third-quarter 2026 royalty income set a company high, with earnings beating analyst estimates.
November 4, 2026
Texas Supreme Court Weighs Engie Solar Tax BreakJustices heard arguments on whether a solar farm's property tax break was properly revoked after its certificate was canceled.
November 4, 2026
Omega Restores Retired KC-10 Refueling PlaneCivilian contractor Omega Air Refueling Services has returned a retired KC-10 Extender to flight, with the aircraft spotted in Texas in October.
November 3, 2026
Shared Helium Caverns Could Widen Industry AccessCaliche Development Partners CEO Dave Marchese outlined a shared salt cavern model for helium storage at gasworld's Helium Super Summit in Houston.
November 3, 2026
Diamondback Raises Dividend 7.3% on Strong Permian ResultsThe Midland-based producer lifted its quarterly base dividend to $1.18 per share after reporting third-quarter 2026 earnings and free cash flow.
More in Oil and Gas
This section follows field activity and project permits, midstream infrastructure investments, refining capacity shifts and federal regulatory updates. It reaches every region where production occurs, from the desert basins to the coastal facilities. The state is uniquely sensitive to global price fluctuations that dictate how many rigs remain in operation at any time. Regulatory oversight and the environmental requirements of pipeline construction are the two factors that most often drive the pace of development.