As the booming U.S. onshore oil and gas industry matures and efficiency levels fall, less active Canadian shale plays stand ...

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

Oil fields are just as quick to make fortunes as break them. The 1901 Spindletop gusher in Texas jumpstarted the petroleum ...

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.

U.S. crude oil prices rose more than 4% to $59.56 per barrel Tuesday as domestic production is expected to decline.

Delek has a strong financial profile with consistent distribution growth, maintaining a prudent coverage ratio. Click here to ...

Coterra Energy (CTRA) reports strong Q1 2025 results with adjusted CapEx, robust cash flow, and strategic shifts in oil & gas production.

US rig count drops to 584 as Permian Basin drilling hits its lowest level in over three years, reflecting a nationwide ...

For this week’s Basin Bites, we visited Permian Basin Bakery, a Mexican-style bakery that serves traditional sweet bread and ...

Exxon Mobil Corp. and Chevron Corp. are likely to shoulder more of the Permian Basin’s oil growth as independent producers ...

In this week's Powering the Permian, ABC Big 2's Chris Talley analyzes President Donald Trump's first 100 days in the oval ...