Baker Hughes reports US rig count unchanged at 585 for a record third week, with oil and gas drilling activity stable across ...

Active rigs drilling for oil and gas in the U.S. remained flat for the third consecutive week at 585, Baker Hughes said Friday in its latest report. Drilling rigs targeting crude oil in the U.S. were ...

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

New workers in the Permian Basin must learn oilfield terminology for safety, as it helps them understand warnings and ...

Fourth quarter 2024 sales volumes are expected between 347 and 353 MBoe/d, and oil volumes are anticipated in a range of 162 to 166 MBbl/d, ...

Diamondback Energy's merger with Endeavor strengthens its position in the Permian Basin. Learn why FANG stock offers strong ...

An update from Kimbell Royalty Partners ( (KRP) ) is now available. Kimbell Royalty Partners reported a robust third quarter ...

And we think that the Permian Basin and Permian Resources particularly ... cut a couple of days per well off the spud rig release. But majority of your costs on the drilling side are variable in ...

Kimbell Royalty Partners LP (KRP) reports robust revenue and net income, while maintaining financial flexibility and addressing strategic challenges.

In addition to blasting the UK’s Energy Profits Levy — otherwise known as a windfall tax — Christmann said UK regulators ...

Kimbell also noted a substantial increase in drilled but uncompleted wells, particularly in the Permian Basin, and maintained a conservative balance sheet with a net debt to EBITDA ratio of 0.8x. The ...

This letter is meant to be a supplement to our earnings release and is being furnished to the Securities and Exchange ...