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. “We have a ...

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

The countdown is on for the Fed's rate decision on Wednesday as policymakers begin their two-day meeting. Although the ...

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

Targa Resources Corp. TRGP reported first-quarter 2025 adjusted earnings of 91 cents per share, which missed the Zacks ...

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

Odessa College extends its deepest appreciation to the voters of Ector County who participated in the May 3rd election and made their voices heard on the proposed $325 million bond to fund critical ...

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.

It’s been cool and cloudy around Lubbock and most of the South Plains, with occasional drizzle after the morning rain departed. Meanwhile, the sun has been shining in Southeast New Mexico into the ...

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