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

HOUSTON - Exxon Mobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset ...

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.

Diversified Energy focuses on buying up and operating older, existing natural-gas wells. The Birmingham, Ala.-based company ...

The Permian Basin will see warmer, more seasonal temperatures and clear skies this weekend, with highs reaching up to 80 ...

Conterra Energy Inc. is acquiring certain assets of Avant Natural Resources and Franklin Mountain Energy, which El Paso businessman Paul Foster owns a stake in. The acquisition is estimated at $3.9 ...

Exxon reported total earnings of US$33.46-billion for full-year 2024, down from US$38.57-billion the year earlier ...

A Texas company is using Kodiak-equipped autonomous RoboTrucks to transport proppant used in hydraulic fracturing – without a ...

Since 2019, the operator achieved $12.1 billion of cumulative Structural Cost Savings, including $2.4 billion of savings ...