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

By Georgina McCartney, Arathy Somasekhar and Sheila Dang HOUSTON (Reuters) -Growth in oil output from the U.S. Permian basin, ...

Energy executives forecast Permian Basin oil production growth will slow by 25% in 2025 despite Trump's plan.

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

Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.

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

Areas of Central and South Texas, including in the Austin and San Antonio regions, have felt substantial tremors lately. What ...

HOUSTON, Feb 6 (Reuters) - Growth in oil output from the U.S. Permian basin, the country's top oilfield ... unlike the 2010s shale boom when their focus was to pump more. "Drill, baby, drill ...

HOUSTON (Reuters) - Growth in oil output from the U.S. Permian basin, the country's most prolific formation, is expected to slow by at least 25% this year despite President Donald Trump's vow to ...