Like Texas, the Permian Basin was down three rigs to 294 rigs for the week and the lowest level since February 2022. The ...

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

US gas producers could get more money for their volumes by serving the in-basin demand, but that could make them less ...

The number of active rigs drilling for oil and gas in the U.S. fell for a second consecutive week, shedding 2 to 590, Baker Hughes said in its latest report.

Today’s average price of gas in the U.S. is $3.27 per gallon, up $0.01 from yesterday, $0.11 from last week and $0.17 from last month. The average price of a gallon of gas one year ago today was $3.57 ...

Oxy has a dominant position in the Permian Basin, which is the cheapest source of production in the US and is expected to be a major growth engine in the next few years. Oxy's conventional assets in ...

Cash flows from Hess' legacy operations in the US Gulf of Mexico and Southeast Asia support its growth investments, primarily its 30% working interest in the Exxon-operated Stabroek block in offshore ...

Wall Street is rattled. Groceries may soon cost more. And in the heart of the Permian Basin, economists say the fallout from ...

Nymex natural gas was up, with U.S. natural gas futures bucking the trend in energy markets as U.S. tariffs and their potential effect on global growth hit oil.

Karoon Energy Ltd (OTCMKTS:KRNGF – Get Free Report) shot up 2.6% during mid-day trading on Wednesday . The company traded as high as $0.98 and last traded at $0.98. 2,000 shares changed hands during ...

Measures to protect the Apalachicola river and bay are moving in both chambers. Lawmakers from Florida’s Big Bend delegation ...

The power plant, owned by Talen Energy, had settled a previous suit over the storage of coal ash for $1 million.