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

Baker Hughes reports a significant drop in U.S. rig count due to tariff-fueled energy market turmoil, with Texas seeing the ...

U.S. energy firms this week cut oil rigs by the most in a week since June 2023, lowering the total oil and natural gas rig ...

Like Texas, the Permian Basin was down three rigs to 294 rigs for the week and the lowest level since February 2022. The ...

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

The total U.S. rig count decreased by two week on week and the total Canada rig count dropped by 10 during the same period, ...

The total U.S. rig count decreased by one week on week and the total Canada rig count decreased by 17 during the same period, ...

Primary Vision’s Frac Spread Count, an estimate of the number of crews completing wells, fell during the week of April 4 to 205, compared to 209 in the week prior—still up slightly from 201 at the ...

U.S. energy firms this week cut the total number of rigs operating for a second week in a row, even as the number of oil rigs ...

The oil and gas rig ... rig count down 34 rigs, or 6% below this time last year. Baker Hughes said oil rigs fell by nine to 480 this week, while gas rigs rose by one to 97. In the Permian basin ...

Apr. 4—The rig count in the Permian Basin was down three this week, the latest count Friday by Baker Hughes shows, with 294 rigs active in the region. A year ago, 317 rigs were active in the region.