Exxon Mobil Corporation XOM continues to break records in the Permian – the most prolific shale play in the United States.

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

By Arunima Kumar (Reuters) -Shale driller Diamondback Energy said on Tuesday it should remain the Permian Basin's ...

Energy Transfer announces a $5.3 billion pipeline expansion that will move Permian Basin natural gas through New Mexico and ...

Riley Exploration Permian, Inc. announced its second-quarter 2025 financial and operational results, highlighted by steady performance, $34 million in operating cash flow, and the significant ...

The Permian Basin now produces over 6 million bpd, with Wood Mackenzie projecting a peak of 7.7 million bpd by 2035.

ODESSA, Texas (KMID/KPEJ) – The number of active oil rigs across the United States has dipped to 537, down two from last week and 48 fewer than this time last year, when the count stood at 585 ...

The Permian basin was the centerpiece of the shale revolution that began nearly two decades ago and spurred the U.S. to become the world's top oil producer, stealing market share from the ...

Completed in Sept. 2024, the deal added substantial reserves in the Permian Basin and increased production capabilities to 850,000 barrels of oil equivalent per day, with crude oil comprising 56%.

Permian Basin drilling slowdown may support oil prices, but an ever squeezed and tapped out consumer, loaded up with credit card debt, and even Buy Now Pay Later debt in delinquency, will shrink ...

Gov. Greg Abbott signed all three this month in Midland, saying in a statement that Texas is “bringing the full weight of the law to crack down on oil theft in the Permian Basin to protect the ...