Oil and gas company Devon Energy Corporation invested $10 million and later invested millions more. Last summer, Fervo ran a 30-day test in 375-degree rock in Nevada.

Texas oil and gas companies produced as much as 5.6 million barrels a day in 2023, the highest that year, according to the agency, which collects and administers energy statistics.

Once the site is secure, three workers wearing hard hats remove equipment inside the 2,000-foot-deep well — steel rods and tubing used to carry oil or gas to the surface. Almost two hours later ...

TIPRO, which was founded in 1946, represents nearly 3,000 individuals and companies from the Texas oil and gas industry, according to its site.

Texas’ boom-bust oil and gas business is booming for workers — for now Average pay approaches $2,100 a week for many industry jobs, and the unemployment rate is 1.6%, half the jobless rate for ...

Oil and gas company Devon Energy Corporation invested $10 million and later invested millions more. Last summer, Fervo ran a 30-day test in 375-degree rock in Nevada.