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

Viper Energy, Inc.’s VNOM decision to buy Sitio Royalties is making headlines — not just because it is a major deal but because of what it reveals about the oil market. The agreement underscores that ...

A key data release may underline how the US oil industry is reining in production growth in response to lower prices.

ConocoPhillips' transformative Marathon Oil acquisition and operational excellence drive strong results despite weak oil ...

A group of U.S. Congressmen toured a fracking site in Midland earlier this week —highlighting the Permian Basin’s role in boosting U.S. Energy. ABC Big 2’s ...

Chevron’s (CVX) decision to cut 20% of its workforce in 2025, recently impacting 800 employees in the Permian Basin region, ...