U.S. drilling activity increased with the Permian Basin leading the surge, as Baker Hughes reports a rise in rig count for ...

The rig count in the Permian Basin was up five this week, the latest count Friday by Baker Hughes shows, with 303 rigs active in the region. A year ago, 311 rigs were active in the region. Nationally, ...

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

Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.

The Permian Basin will see warmer, more seasonal temperatures and clear skies this weekend, with highs reaching up to 80 ...

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

Diversified Energy focuses on buying up and operating older, existing natural-gas wells. The Birmingham, Ala.-based company ...

EXXONMOBIL on Friday (Jan 31) beat Wall Street’s estimate for fourth-quarter profit as higher oil and gas production offset ...

Exxon Mobil’s fourth-quarter adjusted profit managed to beat Wall Street’s expectations, as the oil and gas company increased ...

Argent Trust Company, as Trustee of the Permian Basin Royalty Trust (NYSE: PBT) ("Permian" or the "Trust") today declared a cash distribution to the holders of its units of beneficial interest of ...

After months of anticipation, the UT Tyler baseball team will be opening up their season on Friday afternoon. The team will ...