US Energy Development Corporation (USEDC) has announced plans to invest up to $1bn in the Permian Basin during 2025. This ...

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

U.S. Energy Development Corp. plans to invest up to $1 billion in the Permian Basin, focusing on the Delaware and Midland ...

EON Resources Inc. will acquire Permian overriding royalty interests  in a cash-and-equity deal with Pogo Royalty LLC, which has agreed to reduce certain liabilities and obligations owed to it by EON.

“Building on the momentum of 2024, USEDC is entering 2025 with a similar growth mindset, aiming to invest up to $1 billion in ...

Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that Ecopetrol Permian LLC ("Ecopetrol Permian") and Occidental Petroleum ...

Colombian energy company Ecopetrol said on Monday it has reached an agreement to renew its oil joint venture with Occidental ...

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 firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, ...

The total rig count rose by six rigs, to 582, according to Baker Hughes, down 37 from this same time last year.

Following its $22.5 billion deal to buy Marathon Oil, ConocoPhillips is targeting $2 billion in asset sales— a goal a company ...