The Texas oil and natural gas industry paid $27 billion in state and local taxes and state royalties in fiscal 2025.

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

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

NEW YORK (Reuters) -U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in four weeks, with oil rigs dropping to a four-year low, energy services firm ...

(The Center Square) – The U.S. oil and natural gas industry set oil and natural gas production records in November. Crude oil output reached an estimated 5.9 million barrels per day in November, the ...

Bandit was highlighted as one of the most promising new extraction sites in Westwood Global Energy Group's "Key Wells to Watch" report for the second half of 2025, Offshore reported. Located in the ...

US oil and gas drilling rig activity increased this week with the addition of 7 rigs, bringing the total working rigs to 549. This week’s count, however, is down 38 rigs from the comparable period a ...

Biglari Holdings Inc. says it was deceived into buying a Texas oil company after being falsely told that the assets included a dormant drilling rig worth $8.4 million that Biglari eventually had to ...

Landman might hook viewers at first with its all-star cast, but the Texas oil drama starring Billy Bob Thornton, Sam Elliott, and Demi Moore really hits its stride every time the series tackles the ...