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

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

Prairie Operating said the acquisition substantially increases its in oil-weighted production and provides immediate scale ...

“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 ...

Adds ~24,000 net acres in Weld County and ~26 mboepd of oil-weighted (69% liquids) net productionAdds 77.9 MMboe and ~$1.1 Billion in Proved ...

Colombian President Gustavo Petro on Tuesday ordered the state-run oil company Ecopetrol to cancel a joint venture with a U.S ...

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

By Sheila Dang HOUSTON - Exxon Mobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas ...

Diversified Energy Company plc DEC has announced the acquisition of a private-equity owned energy firm, Maverick Natural Resources, in the Permian Basin. The total value of the transaction came in at ...

There are dozens of oil stocks. They run the gamut from pure-play exploration and production companies ... includes significant exposure to the Permian Basin. It bulked up its position in that ...

Making matters worse, oil and gas production are at record highs ... it’s really coming from the Permian Basin. … I would expect the changes in development there to be way bigger than what ...