As the booming U.S. onshore oil and gas industry matures and efficiency levels fall, less active Canadian shale plays stand ...

In a must-win game three for the Permian Panthers, the team comes out on top, beating Socorro High 2-1, securing the ...

Delek has a strong financial profile with consistent distribution growth, maintaining a prudent coverage ratio. Click here to ...

Exxon Mobil Corp. and Chevron Corp. are likely to shoulder more of the Permian Basin’s oil growth as independent producers ...

Exxon Mobil on Friday beat Wall Street's estimate for first-quarter profit as higher oil and gas production from Guyana and ...

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 decline from here as oil prices hovers near four-year lows.

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.

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.