EON Resources Inc. will acquire Permian overriding royalty interests  in a cash-and-equity deal with Pogo Royalty LLC, which has agreed to reduce certain liabilities and obligations owed to it by EON.

The number of active rigs drilling for oil and gas in the U.S. rose by 4 to 586, a week after the count rose by 6, Baker Hughes said Friday in its latest weekly report. Despite the week's rig increase ...

Fourth-quarter revenue of $912.0 millionFourth-quarter net income attributable to ChampionX of $82.8 millionFourth-quarter adjusted EBITDA of $212.3 millionFourth-quarter income before income taxes ma ...

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

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

Oil and gas companies, encouraged by an uptick in oil prices, have been buying up acreage in the Permian Basin in west Texas and eastern ... Looking forward, analysts forecast the rig count will ...

A major basin variances subcategory included in Baker Hughes’ rig count showed that the Permian basin dropped six rigs, and the Cana Woodford and Barnett basins each dropped one rig, week on week.

University of Texas Permian Basin, a public institution, has been offering online bachelor's degree programs since before 2000-2001. All of the online classes are recorded and archived so students ...

Drilling activity continues its downward trajectory in 2025, following a 5% decline in 2024 and a 20% plunge in 2023. Oilfield services firm Baker Hughes said Friday its weekly U.S. rig count fell ...

Jan. 24—The rig count in the Permian Basin was down six this week, the latest count Friday by Baker Hughes shows, with 298 rigs active in the region. A year ago, 310 rigs were active in the region.