FILE PHOTO: A pumpjack is shown outside Midland-Odessa area in FILE PHOTO: A pumpjack is shown outside Midland-Odessa area in the Permian basin in Texas, U.S., July 17, 2018. Image taken July 17, 2018. REUTERS/Liz Hampton/File Photo Post navigation Previous: US energy firm payouts to oil investors top exploration spending for first time