U.S. Energy Development Corp. plans to invest up to $1 billion in the Permian Basin, focusing on the Delaware and Midland ...

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

U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, ...

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday ...

The number of active rigs drilling for oil and gas in the U.S. rose by 4 to 586, Baker Hughes said in its latest weekly report.

“Building on the momentum of 2024, USEDC is entering 2025 with a similar growth mindset, aiming to invest up to $1 billion in U.S.-operated and non-operated oil and gas projects, primarily in the ...

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

Jan. 31—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.

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

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

A bill preventing future presidents from unilaterally banning hydraulic fracking is on its way to the Senate after passing ...