The energy sector began its correction around inauguration day, ahead of other sectors, a potential sign of an impending ...

PEDEVCO (PED) provided an operational update on the completion of drilling of four gross new horizontal San Andres wells in its core Chaveroo ...

U.S. December oil production increased by 95 kb/d to 13,491 kb/d, a new all-time high. According to the EIA, New Mexico’s ...

With final numbers for 2024 being tallied, the Permian Basin is again the star of the nation's oil and natural gas production. And expectations are that won't change in 2025. East Daley Analytics ...

Drilling activity posted its first decline in six weeks during the first week of March. Oilfield services firm Baker Hughes said Friday its weekly U.S. rig count was down one rig to 592 rigs. That’s ...

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

It noted that Nigeria’s rig count had increased from eight in 2021 to 40 in 2025. The Chief Executive of NUPRC, Gbenga Komolafe, disclosed this on Wednesday in Abuja at the ongoing 2025 Nigeria ...

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The oil and gas rig count, an early indicator of future output, rose by four to 592 in the week to February 21. Despite this week's rig increase, Baker Hughes said the total count was still down ...