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

U.S. oil producers are grappling with geological limits to production growth as the country's top oilfield ages and produces ...

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

EOG, FANG, XOM and CVX are well-positioned to benefit from the Permian Basin's ongoing expansion, making them must-watch for energy-focused investors.

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

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.

With final numbers for 2024 being tallied, the Permian Basin is again the star of the nation's oil and natural gas production. And expectations are that won't change in 2025. East Daley Analytics ...

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 ...

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

Your gasoline bill could soar as U.S. oil drillers extract more water and gas but less oil from aging fields like the Permian Basin. With rising gas-to-oil and water-to-oil ratios, production costs ...