U.S. energy firms this week cut the number of oil and natural gas rigs operating to their lowest since January, energy ...

On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...

U.S. rig count drops for a second week, hitting its lowest since January as drilling activity slows nationwide, with Texas ...

Oil and gas drilling permit applications in Texas, the top U.S. oil-producing state, fell to their lowest last month since ...

U.S. oil companies slash 2025 capital spending and adjust production plans as falling oil prices and market uncertainty ...

North American drilling activity declined for the week, with 692 rotary rigs working in the US and Canada. Fewer oil-directed rigs drove the decline.

President Donald Trump wants more oil drilling, but one Texas producer expects low prices to send output downward.

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

Mach Natural Resources Q1 2025 earnings call highlights a shift to gas drilling, financial discipline, and acquisitions for growth.

At less than $60 a barrel, many US shale producers will struggle to turn a profit, especially in some of the country’s ageing ...

All of the Crude plus Condensate (C + C) production data, oil, for the US state charts comes from the EIAʼs PSM, which ...