Drilling activity surged in the last week of January, led in large part by activity in the Permian Basin. Oilfield services firm Baker Hughes said Friday its weekly U.S. rig count rose six rigs to 582 ...

The rig count in the Permian Basin was up five this week, the latest count Friday by Baker Hughes shows, with 303 rigs active in the region. A year ago, 311 rigs were active in the region. Nationally, ...

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

Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.

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

Diversified Energy focuses on buying up and operating older, existing natural-gas wells. The Birmingham, Ala.-based company ...

Exxon Mobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset lower oil ...

Exxon Mobil’s fourth-quarter adjusted profit managed to beat Wall Street’s expectations, as the oil and gas company increased ...

The Recording Library of West Texas recently audio described The Nutcracker for nine low-vision and blind adults, providing ...

Upstream oil and gas industry mergers and acquisition activity during 2024 came to a robust $105 billion in total deal value ...

Argent Trust Company, as Trustee of the Permian Basin Royalty Trust (NYSE: PBT) ("Permian" or the "Trust") today declared a cash distribution to the holders of its units of beneficial interest of ...