News

Oklahoma is grappling with over 18,000 potentially hazardous orphaned wells, many of which remain undocumented.The Osage ...
A new ordinance will give local jurisdictions more power to penalize well operators and regulate oil production.
Wastewater disposal in the Permian Basin is boosting pressure underground, threatening to hinder oil production ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Is peak oil production in the U.S. near? Learn what it means, why it matters, and how it’s shaping the future of American ...
One of the world’s most advanced offshore production assets, the Agogo floating production storage and offloading (FPSO) ...
CENTERBROOK, Conn., May 8, 2025 /PRNewswire/ -- Osage Advisors ("Osage"), a leading Connecticut-based mergers and acquisitions firm, is pleased to announce the sale of its client, Columbia ...
The planned investment, which will be executed between Q2 2025 and 2027, will focus primarily on revitalising production at the Usan deepwater oil field. The oil major also indicated that a Final ...
The items members are either buying in bulk or planning to stock up on include coffee, olive oil — 97% of which is imported — laundry detergent, pet food, liquid soap and toilet tissue.
The National Weather Service has ruled that at least 6 tornadoes touched down on Tuesday. Damage that occured in Springfield is due to straight-line winds rather than a tornado. Matt and Jamie ...
The two-part agreement, with Equinor Brasil Energia Ltda., will see Prio Tigris, a subsidiary of Prio SA, acquire 40% and operatorship of Peregrino in the first part, and an additional 20% in part ...
The field is expected to reach peak production of around 6700 barrels of oil equivalent per day by 2026, with the oil being classified as heavy crude. Luda 5-2 North is notable for being China’s ...