U.S. drilling activity remains steady with 592 rigs, but the Permian Basin sees a decline, falling three rigs to 301.

A sinkhole formed by an old oil well is growing at an alarming rate on the Kelton Ranch in West Texas. Radford Grocery #17 ...

The Texas Department of Public Safety (DPS) is reporting a significant rise in crashes across the Permian Basin, with 13 ...

The rig count in the Permian Basin was down three this week, the latest count Friday by Baker Hughes shows, with 301 rigs active in the region. A year ago, 316 rigs were active in the region.

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 ...

Things are moving forward with a data center that would be located near Penwell in west Ector County. New Era Helium Inc., an exploration and production company sourcing helium from natural gas ...

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

The new gas reserve estimate more than doubles Canada’s overall total, pushing the country into the global top 10, the ...

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

Diamondback Energy, Inc. (NASDAQ:FANG – Get Free Report)’s stock price traded down 1.3% during mid-day trading on Thursday after JPMorgan Chase & Co. lowered their price target on the stock from $212.

Midland’s labor force opened the new year with a higher unemployment rate, but it's still the lowest in Texas. After spending February retooling its formula, the Texas Workforce Commission on Friday ...

Scientists have found a rare life "oasis" where plants and animals thrived during Earth's deadliest mass extinction 252 ...