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

The number of active rigs drilling for oil and gas in the U.S. remained unchanged this week at 592, down by 37 rigs from this time last year, Baker Hughes said Friday in its latest report. Drilling ...

Under President Donald Trump, there has been a big shift in energy policy in the U.S. Instead of incentivizing green energy ...

Alberta’s proven natural gas reserves have increased by seven billion barrels and are now six times previous levels, ...

Steward Partners Investment Advisory LLC grew its holdings in shares of Permian Basin Royalty Trust (NYSE:PBT – Free Report) by 45.2% in the 4th quarter, HoldingsChannel reports. The firm owned 29,467 ...

Texas Highway 349 from Rankin to Midland, along with Farm-to-Market 1555 is expected to be closed Friday until travel is safe ...

Family Powersports provided safety tips amid recent crashes involving motorcycles in the Permian Basin. MIDLAND, Texas — On Tuesday, at the intersection of Midkiff and Moss in Midland, 18-year-old ...

It’s been called the longest conveyor belt in America and it’s right here in the Permian Basin, the heart of America’s oil ...

Last week, we told you about the Supreme Court of the United States hearing arguments from Attorney General Ken Paxton’s ...

That strategy has paid off for those who invested in the oil stock five years ago. Here's a look at what a $10,000 investment ...

Billions of gallons of freshwater are used for fracking every year in Colorado. Companies will now have to gradually increase ...

Dan Ammann says ExxonMobil is finding better ways to unlock more of its known resources, through a 'production line' approach ...