The tariff ripple effects should lower fuel prices but put the oil industry in its toughest financial quandary since the ...

A new report from Texans for Natural Gas, under the Texas Independent Producers and Royalty Owners Association (TIPRO), titled Methane Emissions in Texas’ Permian Basin Remain Low Despite Near Record ...

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 ...

Analysts warn that a 14% drop in oil prices could jeopardize U.S. energy industry growth, especially in the Permian Basin.

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 ...

The Permian Basin, both a hallmark of Texas's energy production and the top-producing oil field in the U.S., has reached a remarkable milestone in 2023 with a methane intensity of only 0.49 metric ...

A report from TIPRO shows an uptick in methane emissions in 2023. Takeaway capacity and record production are considered ...

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

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.