ODESSA, Texas (KMID/KPEJ) – Texas drilling permits decreased 50% last month from a multiple of factors including President Trump’s tariffs and a decrease in oil prices. “I think the industry’s ...

Oil magnate Miles Frank Yount started the second oil boom at Spindletop on this day in 1925. On Nov. 13, 1925, Yount’s ...

The number of oil and gas drilling rigs in the US rose by 2 to 548, up for the third time in four weeks but down 37 rigs - or ...

HOUSTON, TEXAS / ACCESS Newswire / November 5, 2025 /PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of October 2025, the Company had an average of 94 drilling rigs ...

PERMIAN BASIN (KMID/KPEJ) – The economic landscape of Texas could see a significant shake-up if tariffs are ultimately imposed by President Donald Trump, with projections estimating a potential loss ...

A new report shows the Lone Star State’s oil and gas industry is seeing growth, albeit slow, after the state’s worst oil downturn in recent memory. “We still have a long way to go, but 2017 is ...

North American drilling activity declined for the week ended Dec. 13 with 780 rotary rigs working in the US and Canada, Baker Hughes officials reported Friday. Fewer oil-directed rigs working ...