News

Midland Reporter-Telegram on MSN4d
Permian Basin leads rig declines this week
Baker Hughes reports a significant drop in U.S. rig count due to tariff-fueled energy market turmoil, with Texas seeing the ...
Midland Reporter-Telegram on MSN11d
Permian Basin rig count falls to three-year low
Like Texas, the Permian Basin was down three rigs to 294 rigs for the week and the lowest level since February 2022. The ...
Shares of Occidental Petroleum (NYSE: OXY) crashed today and were trading 10% lower as of 12:20 p.m. ET. Ironically, Occidental Petroleum just revealed that it realized higher average prices for ...