The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
The number of active rigs drilling for oil and gas in the U.S. gained 1 to 593, their first gain in three weeks, Baker Hughes said in its latest report.
U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker ...
Crude oil stocks, not including the SPR, stood at 437.0 million barrels on March 14, according to the EIA's latest weekly ...
The U.S. Department of Interior has announced plans to reopen 82% of the National Petroleum Reserve-Alaska for leasing and ...
Oil rigs are critical for supplying the world with energy but working on a rig is not without its risks. In the eighties, a horror diving accident saw five men die after an unprecedented change ...
April WTI crude oil (CLJ25) Friday closed up +0.68 ... Baker Hughes reported Friday that active US oil rigs in the week ending March 7 were unchanged at 486 rigs, moderately above the 3-year ...
U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in six weeks ... Even though analysts forecast U.S. spot crude prices would remain unchanged in 2025 ...
Steel plays a crucial role in oil production, from drilling rigs to pipelines, and the new tariffs could drive up costs for energy companies across the region. In addition, imported crude oil from ...
A year ago, 313 rigs were active in the region. Nationally, the oil and gas rig count is down ... National benchmark West Texas Intermediate crude ended at $67.04 per barrel, down $2.72 from ...
Baker Hughes, a leading energy services company, said that the U.S. oil and gas companies have cut back on the number of oil rigs for the first six weeks ... Although analysts predicted that U.S.
April WTI crude oil (CLJ25) today is down -0.42 ... Baker Hughes reported last Friday that active US oil rigs in the week ending February 28 fell by -2 to 486 rigs, moderately above the 3 ...
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