U.S. drilling activity remains steady with 592 rigs, but the Permian Basin sees a decline, falling three rigs to 301.

A sinkhole formed by an old oil well is growing at an alarming rate on the Kelton Ranch in West Texas. Radford Grocery #17 ...

The Texas Department of Public Safety (DPS) is reporting a significant rise in crashes across the Permian Basin, with 13 ...

The rig count in the Permian Basin was down three this week, the latest count Friday by Baker Hughes shows, with 301 rigs active in the region. A year ago, 316 rigs were active in the region.

Permian Resources (NYSE:PR – Get Free Report) had its price target decreased by research analysts at JPMorgan Chase & Co.

Things are moving forward with a data center that would be located near Penwell in west Ector County. New Era Helium Inc., an exploration and production company sourcing helium from natural gas ...

The new gas reserve estimate more than doubles Canada’s overall total, pushing the country into the global top 10, the ...

Under President Donald Trump, there has been a big shift in energy policy in the U.S. Instead of incentivizing green energy ...

Diamondback Energy (NASDAQ:FANG – Get Free Report) had its price objective reduced by equities researchers at JPMorgan Chase ...

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

The number of active rigs drilling for oil and gas in the U.S. remained unchanged this week at 592, down by 37 rigs from this time last year, Baker Hughes said Friday in its latest report. Drilling ...

Midland’s labor force opened the new year with a higher unemployment rate, but it's still the lowest in Texas. After spending February retooling its formula, the Texas Workforce Commission on Friday ...