Drilling activity continues to decline as operators reduce their plans amid lower oil prices. Baker Hughes said Friday its U.S. rig count fell two rigs to 576 rigs for the week, the third consecutive ...

Texas drilling permits decreased 50% last month from a multiple of factors including President Trump’s tariffs and a decrease in oil prices. CLICK HERE to watch ...

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

While the Permian Basin—including its Midland eastern lobe and Delaware western lobe—in West Texas is by far the king as it ...

The company that now owns the former Caerus Oil and Gas assets in western Colorado’s Piceance Basin has developed a long-term vision that involves spending $10 billion drilling some 3,000 wells.

Oil and gas drilling permit applications in Texas, the top U.S. oil-producing state, fell to their lowest last month since ...

Tamboran Resources and venture partner Falcon Oil & Gas are preparing a new development phase in Australia’s Beetaloo ...

Petrobras has announced that it has identified the presence of high-quality oil with no contaminants in the pre-salt of ...