New Mexico's oil output has doubled since 2019, making it the second-largest producer in the U.S., behind Texas.

Some areas in the Permian have hit geological limits while others, yet to be drilled, are not expected to be as prolific as ...

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

Your gasoline bill could soar as U.S. oil drillers extract more water and gas but less oil from aging fields like the Permian ...

The Permian Basin, the premier U.S. shale-oil production region, is rapidly developing into much more complex territory.

U.S. January oil production decreased by 305 kb/d to 13,146 kb/d, 158 kb/d lower than December 2023. Click to read.

The Permian Basin continues to be the heartbeat of the U.S. oil industry, driving growth and efficiency across the sector. With steady production gains, technological advancements and strategic ...

Mentor Capital, Inc. (OTCQB: MNTR) announced that in an all-cash transaction it has added eight additional lots to its recent holdings of various royalty interest participations in the West Texas ...

Wall Street is rattled. Groceries may soon cost more. And in the heart of the Permian Basin, economists say the fallout from ...

U.S. oil producers are coping with geological limits to production growth in the Permian Basin, as the top domestic oilfield ages and produces more water and gas and less oil - and may be nearing ...