Wednesday, June 24, 2026

Powder River Basin: 10,000-Permit Drilling Battle

From the Casper Star Tribune In the coal-bed methane days, then-engineer Mark Watson would arrive at the Wyoming Oil and Gas Conservation Commission to find boxes stacked with drilling applications and a box of thank-you donuts from the operators. But the volume of applications for permits to drill over the last year — about 10,000 — has eclipsed even the coal-bed

The 130-Year-Old Bankruptcy That Created a $5 Billion Oil Giant

From Bloomberg Texas Pacific Land Trust has surged almost 2,200% since 2010 Mineral rights offer revenues linked to Permian oil production The hottest oil stock from the U.S. shale boom has never pumped a single barrel of crude. Texas Pacific Land Trust, a listed land bank created out of a railroad bankruptcy more than a century ago, has climbed more