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

The Permian Basin has long been at the heart of America’s energy industry, fueling economic growth with its vast reserves of ...

(The Center Square) – The Texas oil and natural gas industry broke multiple records in 2024, from production, to job creation ...

The Trump administration last week approved plans for a second deepwater oil loading terminal off the Texas coast, opening another door for continued long-term growth in American crude production ...

In 2024, U.S. crude oil production reached new highs, setting a production record above 13.6 million barrels per day in December. Texas alone accounted for more than 42% of the year-over-year ...

You can get in touch with James by emailing [email protected] There are fears oil supplies to Texas could be negatively ... not a reservoir or production engineer but from my knowledge ...

Nationally, oil production might creep up in the next couple of years, driven by drilling in West Texas and eastern New Mexico. But other once-booming plays in places like Colorado, South Texas ...

The US investment bank Goldman Sachs estimates the proportion of crude oil used for primary materials production to be 45 ... significance for the USA is West Texas Intermediate (WTI), while ...

The Permian Basin is set to boost U.S. oil and gas output in 2025, with oil production rising to 13.64 million barrels per ...

Mar. 3—AUSTIN — Statewide and county crude oil and natural gas production as reported to the Railroad Commission of Texas for December 2024 came from 158,989 oil wells and 83,536 gas wells ...

(The Center Square) – The Texas oil and natural gas industry broke multiple records in 2024, from production, to job creation, to taxes and royalties it paid, according to a new report published ...