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

Baker Hughes (BKR) reports that the U.S. rig count is up 4 from last week to 586 with oil rigs up 1 to 480, gas rigs up 2 to 100 and ...

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

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 rig count in the Permian Basin was down six this week, the latest count Friday by Baker Hughes shows, with 298 rigs active in the region. A year ago, 310 rigs were active in the region. Nationally ...

The active rig count in the US was up by 4 units for the week ended Feb. 7 with 586 rigs running, according to Baker Hughes data.

The total number of active drilling rigs for oil and gas in the United States fell ... on the day at $78.32, up nearly $3 per barrel compared to last Friday’s price. The Brent benchmark was ...