Oil fields are just as quick to make fortunes as break them. The 1901 Spindletop gusher in Texas jumpstarted the petroleum ...

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

The head of the largest independent oil producer in the Permian Basin predicts US shale production has peaked and will likely ...

The outlook from Diamondback, one of the industry’s most prominent producers, marks a key shift for expectations within the ...

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

We’re a little over 100 days into this new administration and, ‘Good Lord.' There’s been a tremendous amount of volatility ...

Diamondback Energy predicts that peak onshore crude oil production in the United States has been reached and will decline due ...

U.S. crude oil prices rose more than 4% to $59.56 per barrel Tuesday as domestic production is expected to decline.

Murphy, a true freshman out of Little Rock Parkview, enrolled early at Arkansas and went through spring practices before ...

Coterra Energy (CTRA) reports strong Q1 2025 results with adjusted CapEx, robust cash flow, and strategic shifts in oil & gas production.