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

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 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 ...

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

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 ...

A $10,000 investment in ConocoPhillips five years ago would now be worth over $29,500. The oil giant thrived despite the 2020 ...

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 ...

Apparently, several commodity sectors, most notably crude oil, have decided to get in on the action as well. Oil prices have ...

The Trump administration has expended a lot of energy into sparking the idea that there is a looming energy crisis in the U.S ...

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 ...

As Texas and New Mexico are in their respective state’s legislative sessions, Oil and Gas regulations continue to be a hot ...