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.

May 2—The rig count in the Permian Basin was down two this week, the latest count Friday by Baker Hughes shows, with 287 rigs active in the region. A year ago, 316 rigs were active in the region.

North America dropped 11 rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was released on May 2. The U.S. dropped a total of three rigs week on week and ...