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

Baker Hughes noted that oil rig numbers decreased by six to 472, while gas rigs saw a slight increase of one, reaching 99. In ...

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

Top U.S. oilfield services firms are facing weaker pricing and revenue this year as oil producers become increasingly ...

The total North America rig count stands at 821, according to Baker Hughes' latest North America rotary rig count.

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 number of active U.S. oil and gas drilling rigs fell for the second consecutive week, amidst a decline in US crude oil ...

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

The US rig count continues to fall, with the number of oil and gas rigs deployed declining amid rising oil prices ...

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

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.

24—The rig count in the Permian Basin was down six this week ... A year ago, 310 rigs were active in the region. Nationally, the oil and gas rig count is down four from last week at 576 rigs.