The head of the largest independent oil producer in the Permian Basin predicts US shale production has peaked and will likely decline from here as oil prices hovers near four-year lows.

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

Murphy, a true freshman out of Little Rock Parkview, enrolled early at Arkansas and went through spring practices before ...

Diamondback Energy’s CEO told shareholders that “prices, volatility and macroeconomic uncertainty” threaten U.S. oil ...