The Permian Basin accounts for nearly 40% of all oil production and nearly 15% of natural gas production in the U.S.

The total U.S. rig count decreased by seven week on week and the total Canada rig count decreased by 15 during the same ...

The total U.S. rig count decreased by two week on week and the total Canada rig count dropped by 10 during the same period, ...

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

A total of 32 US states pump oil, but just over 42 percent of the country’s crude oil production comes out of Texas, according to the US Energy Information Administration. This is way ahead of any ...

Iron Oak Energy Solutions has expanded its Permian Basin footprint through ... facilitating efficient product delivery across North America. Post-acquisition, Iron Oak Energy's total annual ...

DALLAS, March 21, 2025 /PRNewswire/ -- Argent Trust Company, as Trustee of the Permian Basin Royalty Trust (NYSE: PBT) ("Permian" or the "Trust") today declared a cash distribution to the holders ...