The Permian Basin, both a hallmark of Texas's energy production and the top-producing oil field in the U.S., has reached a remarkable milestone in 2023 with a methane intensity of only 0.49 metric ...
Oil and gas industry momentum to recover wasted methane could bulletproof some climate-focused efforts to curb its emissions ...
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.
After donating heavily to Trump’s reelection, Big Oil is just catching on that the president's policies can hurt them too, ...
A report from TIPRO shows an uptick in methane emissions in 2023. Takeaway capacity and record production are considered ...
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 ...
Material ESG exposures create additional risk for E&P investors. In this industry, the most significant exposures are greenhouse gas emissions (both from extraction operations and downstream ...
EOG is confident enough in its financial strength that management took on $1 billion of incremental debt to free up more cash. Even with this debt increase, management is still targeting a total ...
The launch of Double Eagle V and Tumbleweed Royalty V marks the latest chapter for co-CEOs Cody Campbell and John ...
U.S. January oil production decreased by 305 kb/d to 13,146 kb/d, 158 kb/d lower than December 2023. Click to read.
OVV stock benefits from smart asset buys, flexible investments and low-cost production, but higher service costs and Canadian oil price risks could affect its performance.