U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest ...

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

Texas and the Permian Basin were hardest hit in this week's drilling activity decline as the rig count remains at three-year ...

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. fell by 4 to 576, extending a recent decline to its lowest level since December 2021, Baker Hughes said.

Manuj Nikhanj, Enverus chief executive officer, noted that in 2024 the top 10 public operators represented 56% of production ...

Despite deregulation efforts and calls for increased production, U.S. oil drilling activity has fallen to near post-pandemic ...

The number of active rigs drilling for oil and gas in the U.S. fell by 4 to 580 to its lowest level since December 2021, Baker Hughes said.

The oil and gas industry has been talking up the potential of the Powder River Basin for 20 years. Even so, Wyoming’s busiest ...

U.S. energy companies have reduced the number of operating oil and natural gas rigs for the third consecutive week, reaching ...

As more drilling locations in the Permian are now in the hands of large listed firms, investor demands for high returns trump ...

Administrations can only do so much when it comes to global supply and demand dynamics, and there is probably going to be ...