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

New data from Baker Hughes reveals a slight rise in the total US oil and gas rig count, even as weekly crude oil production ...

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that ...

Despite favorable policies from the Trump administration, weak oil prices around $60 per barrel are causing U.S. shale ...

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

Crude prices cap off four straight daily gains with a cumulative weekly loss of nearly a dollar. Near-month NYMEX crude ends ...

The drilling giant saw revenue in the US fall by about 2% year over year to roughly $250 million in the third quarter, while ...

In today’s oversupplied oil market, the increases from the US could have global consequences. Macquarie Group Ltd., one of ...

U.S. energy firms this week added oil and natural gas rigs for the third time in four weeks, energy services firm Baker ...