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

Fracking in the Permian Basin is declining faster than expected due to tariff uncertainty and OPEC+ production hikes, ...

Occidental Petroleum said it has agreements to sell non-core Permian Basin assets, including midstream infrastructure, as it ...

Detailed price information for Exxon Mobil Corp (XOM-N) from The Globe and Mail including charting and trades.

A 2015 study found that in the Permian Basin, fracking uses between 264,000 and 2.6 million gallons of water each time, Scientific American reported. There is also a risk that groundwater can be ...

The U.S. is the world’s biggest producer of both crude oil and natural gas. One fuels our cars and airplanes. The other heats ...

As oil prices have surged past $80 a barrel, U.S oil and gas producers are paving the way for faster production by expanding new well completions in the Permian Basin of west Texas and New Mexico ...

Fracking in the Permian Basin is throttling back faster than expected amid tariff uncertainty and OPEC+ production hikes, according to one of the biggest pressure pumpers in North America’s ...

While those at the top of the tree are generating serious cash flow from the Permian and other onshore regions, that is not the case across the board. The Baker Hughes (US:BKR) rig count shows a drop ...

The top Big Oil giants in the Western Hemisphere, Exxon Mobil and Chevron also are the top producers in the booming Permian ...

The Oklahoma City-based company told investors of a new, so-called mobile frack-sand mine it launched on 15,000 acres of land it owns in the West Texas county of Loving. The mine is expected to save ...