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

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

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

The total North America rig count stands at 840, according to Baker Hughes' latest North America rotary rig count.

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, ...

Growth next year is expected to only be slightly less. “We’re getting more for every dollar we’re spending,” says chief ...

The total rig count rose by six rigs, to 582, according to Baker Hughes, down 37 from this same time last year.

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest ...

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 number of active rigs drilling for oil and gas in the U.S. rose by 6 to 582, Baker Hughes said in its latest weekly rig count.

The US oil and gas rig count, a precursor to future production levels, has fallen to its lowest point since December 2021.

Texas and the Permian Basin were hardest hit in this week's drilling activity decline as the rig count remains at three-year ...