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 Permian Basin will see warmer, more seasonal temperatures and clear skies this weekend, with highs reaching up to 80 ...

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

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

EXXONMOBIL on Friday (Jan 31) beat Wall Street’s estimate for fourth-quarter profit as higher oil and gas production offset ...

Exxon reported total earnings of US$33.46-billion for full-year 2024, down from US$38.57-billion the year earlier ...

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

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 ...

A Texas company is using Kodiak-equipped autonomous RoboTrucks to transport proppant used in hydraulic fracturing – without a ...