News
Basin rig count up one as prices surge
Summary by The Odessa Editorial Desk Odessa American , as published by Odessa American (oaoa.com)
· September 4, 2026
· 1 min read
Photo: Odessa American (oaoa.com) · view original
Story provenance No corrections
Summary created by The Odessa Editorial Desk — automated, rule-governed Byline on source page Odessa American, as published by Odessa American (oaoa.com) Original story Read at the source Source published Sep 4, 2026 Indexed here Sep 4, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
Every story comes with a passport. How we work · Corrections log
Key points The number of active rigs has been reported, with 268 rigs currently active in the Permian Basin. A recent surge in prices has been observed, with Plains-West Texas Intermediate Posting ending at $87.
A recent surge in prices has been observed, with Plains-West Texas Intermediate Posting ending at $87.96 per barrel. This represents an increase of $8.08 from the previous week. National benchmark West Texas Intermediate crude also saw a rise, ending at $91.48 per barrel.
The number of active rigs has been reported, with 268 rigs currently active in the Permian Basin. This is an increase of one from the previous week.
Further details on the rig count and oil prices are available, including historical data and national trends.
More News Today’s briefing Local events
Why this story is here
Odessa American (oaoa.com) reported and published this story. The Odessa selected it, summarised the key facts above, and links to the original. We did not report this story and we added no reporting of our own to it.
About this story
As published by Odessa American (oaoa.com) . The Odessa selects stories from publishers’ feeds, summarises them, and links back to the publisher that reported them. We add no reporting of our own. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit Odessa American (oaoa.com) . Have a tip or correction? Contact the editor .
Category: News Published: September 4, 2026 Source: Odessa American (oaoa.com) Reading time: 1 min
Frequently asked about this story
What is this story about? A recent surge in prices has been observed, with Plains-West Texas Intermediate Posting ending at $87.96 per barrel. This represents an increase of $8.08 from the previous week. National benchmark…
When was this published? This article was first published on September 4, 2026 by Odessa American (oaoa.com) and curated for The Odessa readers.
Who reported this story? This story was reported by Odessa American at Odessa American (oaoa.com). To learn more about how The Odessa selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more News coverage from The Odessa, or browse our daily briefing and topic hubs .
← Back to all news
More News →
Today’s briefing
Subscribe to newsletter
