As the booming U.S. onshore oil and gas industry matures and efficiency levels fall, less active Canadian shale plays stand ...

In a must-win game three for the Permian Panthers, the team comes out on top, beating Socorro High 2-1, securing the ...

U.S. crude oil prices rose more than 4% to $59.56 per barrel Tuesday as domestic production is expected to decline.

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. “We have a ...

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

The Panthers defeated the Bulldogs 7-0.

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

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

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 ...

Diamondback Energy predicts that peak onshore crude oil production in the United States has been reached and will decline due ...