The company will acquire about 13,320 net acres, 8,700 net royalty acres, and expected second-half production of 12,000 boe/d ...

A steep drop in oil prices in the first months of the year has undermined any plans for oil companies to “drill, baby, drill.

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

Plummeting crude prices could shave 10% off U.S. rig count in first half, Diamondback says. Its CEO says it's slowing as it sees a "red light" ahead..

The Mansfield Legacy senior baseball player had been excited for his first hog-hunting trip that February evening in 2023. He ...

Plains All American pivots to Permian Basin optimization, making key acquisitions and leveraging assets for long-term oil and gas growth.

EDITOR’S NOTE: the above video is an airing of Powering the Permian, May 7, 2025. Watch ABC Big 2 news and FOX 24 news, ...

Shares of Buffett holding Occidental Petroleum (NYSE: OXY) rallied 6.2% in Thursday trading. Furthermore, and perhaps even ...

Warren Buffett-backed Occidental Petroleum reported better-than-expected first-quarter earnings late Wednesday, marking four ...

The ultimate depth and duration of this current price environment remains unclear,” said ConocoPhillips chairman and CEO Ryan ...

Good morning, and welcome to Permian Resources Conference Call to Discuss its First Quarter 2025 Earnings. Today's call is being recorded. A replay of the call will be accessible until May 22, 2025 by ...

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