The Texas authority acknowledges the scale of the problem and is setting new rules that may increase manufacturing expenses.

Occidental’s Vicki Hollub says pullbacks in capital spending could mean production in the prolific basin tops out as soon as ...

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

A slowdown in drilling activities in the Permian Basin, the largest U.S. shale oil production region, should provide some underlying support to the price of crude oil, Goldman Sachs said in its most ...

Oklahoma’s finest Woodford Shale developers are applying their learnings to the Permian Basin, where exploration of the deep ...

Companies big and small are figuring out how to manage the Permian Basin’s unprecedented volume of produced water.

U.S. oil and gas rig count falls for the third week in a row as drilling activity slows and operators cut plans due to lower ...

Diamondback reported strong Q1 earnings with record production, $1.5 billion in free cash flow, and significant share ...

U.S. oil production may have peaked, signaling the end of the shale boom and raising questions about future energy security ...

U.S. oil production faces an earlier-than-expected peak due to declining oil prices and economic uncertainty, impacting ...

A slowdown in drilling activities in the Permian Basin, the largest U.S. shale oil production region, should provide some underlying support to the price of crude oil, Goldman Sachs said in its ...