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

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

U.S. energy companies have reduced the number of operating oil and natural gas rigs for the third consecutive week, reaching ...

Baker Hughes, a leading energy services company, said that the U.S. firms have cut their number of oil and gas rigs for the ...

The rig count in Canada ended the week with an additional 16 rigs running. For the week ended Jan. 24, the rig count in Canada stood at 245 units, 15 more than were working this t ...

Oil prices settled slightly higher on Friday but posted a weekly decline, ending four straight weeks of gains, after U.S.

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest ...

Baker Hughes (BKR) reports that the U.S. rig count is down 4 from last week to 576 with oil rigs down 6 to 472, gas rigs up 1 to 99 and ...

The number of active rigs drilling for oil and gas in the U.S. fell by 4 to 576, extending a recent decline to its lowest level since December 2021, Baker Hughes said.

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest ...

The number of active U.S. oil and gas drilling rigs fell for the second consecutive week, amidst a decline in US crude oil ...

Morgan Stanley advised investors to favour defensive, diversified energy stocks as it lowered earnings estimates across the oilfield services and equipment sector amid a subdued macroeconomic outlook ...