We expect demand for rig equipment to remain low, settling around 500 active units by midcycle (compared with nearly 2,000 in 2014). NOV initially obtained its dominance through a series of ...

Occidental Petroleum’s conventional oilfields in the Permian basin of west Texas have been producing for decades.

When a driller “fracks” a well on the Front Range up to 400,000 barrels of fresh water can be pumped down the hole under pressure to fracture rock and release ...

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

Phillips 66 said it will add a gas processing plant in the Permian Basin while continuing to strengthen its NGL system.

AEP Texas is set to construct one of the three 765-kV transmission lines in the Electric Reliability Council of Texas (ERCOT) ...

Domestic oil production continued to grow in 2024, and again the Permian Basin was the dominant source of that output. In its Petroleum Supply Monthly report, the U.S. Energy Information ...

Cash Position: $327 million at quarter-end, with no debt ...

Rice and Exxon Mobil entered into a research agreement that aims to develop sustainable energy projects related to oil and ...

This system costs consumers money and creates unhealthy environments. Coca-Cola under fire after bombshell report exposes ...

The state government in Texas lacks planning procedures to address climate change. The lack of preparation reflects the ...