As Permian Basin crude oil production growth begins to moderate, operators active in the region may want to shift their focus ...

Oilfield services company Baker Hughes said Friday its weekly U.S. rig count sank seven rigs to 547, the lowest level since October 2021 and down 34 rigs or 6% from 581 rigs a year ago. For the month ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

CTRA reverses its plans to cut rigs in the Permian, citing a stronger oil price outlook and increased confidence in market ...

Permian Resources Corporation (NYSE:PR) is one of the 12 Best Natural Gas Stocks to Buy According to Analysts. Permian ...

A variety of events are lined up in Midland and Odessa this weekend. Reading in the Park will take place every Friday through ...

Oil prices took a dive the week of June 20, going back to levels last seen before the conflict with Israel and Iran -dropping ...

Blackbeard’s treasure is buried beneath the Permian’s Central Basin Platform. While oil majors chase deeper waters, the ...

ODESSA, Texas (KOSA) - The American Red Cross Permian Basin Chapter is celebrating their annual Volunteer Recognition Event.

When Mewbourne founded the company, it began in the Permian Basin before expanding into the Anadarko Basin in 1976. Today, ...

U.S. oil and gas producer Coterra Energy will hold its rig count steady at nine in the Permian Basin, CEO Tom Jorden said Tuesday, reversing earlier plans to scale back activity as the company grows ...

The court’s written decision expressly did not give an opinion on the commission’s authority to issue the licenses under ...