IOG Resources II, LLC ("IOGR II") today announced a joint development partnership with Elevation Resources LLC, sponsored by Pine Brook Partners. The 2025 drilling program consists of 10 horizontal ...

Billion Water Security Initiative for Texas Last month, the office of State Senator César J. Blanco, representing Texas Senate District 29, filed multiple bills aimed at the Permian Basin, targeting ...

Trump’s latest round of tariffs set off unease among industry groups representing Texas operators. Trade leaders said Trump’s ...

Oil prices rebounded after the president delayed widespread tariffs, but the industry and analysts are uncertain about what's ...

The University of Texas Permian Basin hosted its annual State of the University event today. The event highlighted growth, ...

Chevron plans to increase the use of the "triple-frac" technique in which it fractures subterranean rock in three wells at a ...

Chevron is significantly increasing its use of "triple fracs" in the Permian Basin to over half of its wells, aiming to reduce fracking time by 25% and costs per well by 12% amidst declining oil ...

Chevron started using triple-frac in the Permian for the first time last March. Jeff Newhook said in an interview that the company will use triple-frac on 50-60% of its wells this year. This is up ...

U.S. oil major Chevron plans to increase the use of a technique that allows it to fracture subterranean rock in three wells ...

The Texas Department of Public Safety Criminal Investigations Division, the Odessa Police Department, and the Midland County Sheriff’s Office arrested two ...

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

A total of 32 US states pump oil, but just over 42 percent of the country’s crude oil production comes out of Texas, ...