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

Nabors Industries, a provider of drilling rigs, services and technology to the Permian Basin and elsewhere, is teaming up with a Florida company to provide power solutions to the oilpatch and ...

“Building on the momentum of 2024, USEDC is entering 2025 with a similar growth mindset, aiming to invest up to $1 billion in U.S.-operated and non-operated oil and gas projects, primarily in the ...

The number of active rigs drilling for oil and gas in the U.S. rose by 4 to 586, Baker Hughes said in its latest weekly report.

U.S. drilling activity increased with the Permian Basin leading the surge, as Baker Hughes reports a rise in rig count for ...

U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, ...

Jan. 31—The rig count in the Permian Basin was up five this week, the latest count Friday by Baker Hughes shows, with 303 rigs active in the region. A year ago, 311 rigs were active in the region.

Nabors Industries Ltd. NBR recently announced the addition of a third drilling rig to the Waha oil field in Libya’s Sirte Basin. The company also mentioned that the new rig will commence ...