U.S. drilling activity increased with the Permian Basin leading the surge, as Baker Hughes reports a rise in rig count for ...

Areas of Central and South Texas, including in the Austin and San Antonio regions, have felt substantial tremors lately. What ...

Diversified Energy expands its portfolio with a $1.275 billion acquisition of Maverick Natural Resources, enhancing its presence in the Permian Basin.

El Paso billionaire Paul Foster's Franklin Mountain Energy sells New Mexico oil and gas assets for $2.5 billion to Coterrra ...

Exxon Mobil posted strong fourth quarter profits as the oil and gas company increased production in the Permian basin at home ...

Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.

The rig count in the Permian Basin was up five this week, the latest count Friday by Baker Hughes shows, with 303 rigs active in the region. A year ago, 311 rigs were active in the region. Nationally, ...

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

Diversified Energy focuses on buying up and operating older, existing natural-gas wells. The Birmingham, Ala.-based company ...

Exxon Mobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset lower oil ...

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 of its units of beneficial interest of ...