Crude futures pick up from the previous day's losses, helped in part by major Permian producer Diamondback Energy's CEO warning shareholders that the company expects activity to slow and production to ...

Murphy, a true freshman out of Little Rock Parkview, enrolled early at Arkansas and went through spring practices before ...

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

The head of the largest independent oil producer in the Permian Basin predicts US shale production has peaked and will likely decline from here as oil prices hovers near four-year lows.

U.S. onshore oil production has likely peaked and will start to decline due to the recent plunge in crude prices, jeopardizing the nation’s position as the world’s largest fossil fuel producer and its ...

Coterra Energy (CTRA) reports strong Q1 2025 results with adjusted CapEx, robust cash flow, and strategic shifts in oil & gas production.

We’re a little over 100 days into this new administration and, ‘Good Lord.' There’s been a tremendous amount of volatility ...

The outlook from Diamondback, one of the industry’s most prominent producers, marks a key shift for expectations within the ...

The firm’s cost advantage is underpinned by a long runway of drilling opportunities in low-cost areas. It operates exclusively in the Permian Basin, which is the cheapest source of crude oil in the US ...