The toxic water that gushes out of oil wells in the Permian Basin of Texas and New Mexico has spurred environmental concerns ...

The number of active oil rigs across the United States has dipped to 537, down two from last week and 48 fewer than this time ...

Chevron Corp. is on the cusp of reaching a production plateau in the largest US oil field, allowing it to reap billions of ...

According to the EIA, U.S. proved reserves of crude oil and lease condensate totaled 46 billion barrels at year-end 2023, a 4 ...

U.S. energy firms this week added oil and natural gas rigs for the first time in 12 weeks, energy services firm Baker Hughes ...

Lawmakers passed a suite of bills that officials said are crucial to combat losses in the state’s largest oil field.

A combination of weaker oil prices, widespread spending cuts, and ramped-up OPEC crude oil volumes created a ...

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

New Mexico's largest permanent fund and educational endowment got tens of millions of dollars more in revenue than usual this month. The State Land Office on Tuesday announced $56.4 million in revenue ...

Xcel Energy said July 18 the company has added a portfolio of new generation resources to meet the fast growing energy needs in its Texas and New Mexico service area.  “This portfolio is about more ...

The expansion is part of the company's broader five-year infrastructure investment plan announced last fall, aiming to ...

In separate transactions, the company agreed to acquire certain oil and gas assets from Sabinal Energy LLC and entities ...