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

U.S. energy firms this week added oil and natural gas rigs for the third time in four weeks, energy services firm Baker Hughes said in its closely followed report on Friday.

O DESSA/MIDLAND, Texas (KOSA) - According to CBS, more than 145,000 workers were laid off in October, marking the highest ...

MPLX agrees to supply natural gas to MARA Holdings' power generation and compute infrastructure in West Texas.

In today’s oversupplied oil market, the increases from the US could have global consequences. Macquarie Group Ltd., one of ...

Seadrill has won three new contracts from two operators for work in the US Gulf, the offshore driller revealed in its latest ...

FORT WORTH, Texas, Nov. 05, 2025 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced financial and operating results for the quarter ended September ...

A yearslong dispute over exporting water to growing Texas cities offers a hint at the battles to come as the state’s ...

A recent Houston Chronicle story reveals Trump administration plans to open large swathes of the California coast to offshore ...

Nationally, the oil and gas rig count is down four from last week at 546 rigs ... The regional benchmark Plains-West Texas Intermediate Posting ended Friday at $57.46 per barrel, down 52 cents from ...

The drilling giant saw revenue in the US fall by about 2% year over year to roughly $250 million in the third quarter, while ...