B in adjusted EBITDA, strategic acquisitions, and robust project expansion driving mid-single-digit growth strategy.

U.S. crude oil prices rose more than 4% to $59.56 per barrel Tuesday as domestic production is expected to decline.

U.S. crude oil prices rose more than 4% to $59.56 per barrel Tuesday as domestic production is expected to decline.

The head of the largest independent oil producer in the Permian Basin predicts US shale production has peaked and will likely ...

Economic headwinds and oil-market turbulence mean U.S. shale's crude output has likely peaked and is set to decline, according to Permian producer Diamondback Energy. The warning didn't name President ...

Oil fields are just as quick to make fortunes as break them. The 1901 Spindletop gusher in Texas jumpstarted the petroleum ...

Diamondback Energy predicts that peak onshore crude oil production in the United States has been reached and will decline due to reduced drilling activity prompted by lower oil prices.

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

On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...

U.S. shale producer Coterra Energy reported a rise in first-quarter profit on Monday but said it would lower its annual ...

It’s been cool and cloudy around Lubbock and most of the South Plains, with occasional drizzle after the morning rain departed. Meanwhile, the sun has been shining in Southeast New Mexico into the ...