$9.5 Billion Purchase by Concho Is Latest Sign of West Texas Oil Boom The acquisition will make Concho Resources the biggest producer in the oil-rich Permian Basin, where production risks overwhelming pipeline capacity. Share: Facebook Twitter Google+ Stumble Digg Email ThisBlogThis!Share to XShare to Facebook Related Posts:Trilobites: Microplastics Find Their Way Into Your Gut, a Pilot Study FindsThe New Health Care: The Problem With ProbioticsHow Many Space Stations Does This Planet Need?In Africa, ‘Paper Parks’ Are Starved for CashMind: What’s Life Like After Depression? Surprisingly, Little Is KnownLawrence Krauss to Retire From Arizona State After Sexual Misconduct Accusations