Our expectations for profitability improvements coupled with the firm’s history of conservative balance sheet management leave us confident that NOV will maintain adequate liquidity to service its ...

Twenty-one frontier wells are expected this year — up from 19 in 2024 — with 11 of these targeting frontier basins, whilst ...

A bill seeks to encourage drilling for oil outside of North Dakota’s highly productive Bakken Formation and take advantage of ...

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

President Trump has pressured U.S. drillers and Saudi officials to cut oil prices to help end the Ukraine war. The pressure is unlikely to bear fruit.

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

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

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 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.

Texas lawmakers are looking forward to a big year for the oil and gas industry and we spoke with local lawmakers and business leaders to learn more about the impact on the Basin.

Top U.S. oilfield services firms are facing weaker pricing and revenue this year as oil producers become increasingly ...