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Domestic oil production remains in a deep two-year slump, but a rash of multibillion-dollar deals are flashing sparks of recovery in the shale fields of the Permian Basin straddling Texas and New Mexico.

"Land Rush in Permian Basin, Where Oil Is Stacked Like a Layer Cake" is from the January 17, 2017 Business section of The New York Times. It was written by Clifford Krauss and narrated by Keith Sellon-Wright.

©2016 The New York Times News Service Division of The New York Times Company (P)2016 Audible, Inc.

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