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

The total number of active drilling rigs for oil and gas in the United States rose this week following the recent price slide ...

The Trump administration has embarked on reform of federal permitting frameworks, with the aim of creating a faster path to ...

Despite doubling per well output since 2019, the Permian’s rig rate gains are slowing and decline curves are steepening, ...

U.S. benchmark oil futures touched their highest level in nearly a week and energy stocks were a rare bright spot on Wall Street after the Energy Information Administration reported a ...

U.S. natural gas futures fell as the market looks beyond Thursday’s EIA storage report.

The U.S. Department of the Interior announced a 'significant increase in estimated oil and gas reserves in the Gulf of America Outer Continental Shelf'.

U.S. crude oil inventories rose by 515,000 barrels, while gasoline and distillate stockpiles fell as refineries lowered their ...