Diamondback Energy Inc. will expand its oil assets in the Permian Basin after agreeing to acquire some subsidiaries of Double Eagle IV Midco LLC, a significant asset boost for the top independent oil ...

U.S. drilling activity increased for the third consecutive week, with Texas adding the most rigs, according to Baker Hughes.

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

Wyoming’s oil production has been rebounding since March 2023. However, the rebound was impacted by the January 2024 storm.

Diamondback Energy Inc. will expand in the Permian Basin after agreeing to acquire subsidiaries of closely held Double Eagle ...

Baker Hughes reports a rise in US drilling activity, with the rig count increasing by four to 586, marking a second consecutive weekly gain.

The total North America rig count stands at 835, according to Baker Hughes' latest North America rotary rig count.

Experts warn that the energy sector is not contemplating a boost in production, despite the president’s messages. The country ...

Just when it looked like the author would go home empty -handed, he hit a familiar vein, the ol’ Texas two-step.

Bayswater Exploration and Production, a Denver-based oil and gas company, has entered into an agreement to sell $603 million ...