The Permian Basin is the largest oil-producing shale play in the US. As it is majorly located in Texas, it benefits from the dense network of oil and gas pipelines in the state as well as access to downstream infrastructure along the Gulf Coast. The global oil demand has been on the rise since the slump caused by the COVID-19 pandemic. According to GlobalData, crude oil production in the Permian Basin averaged 5.6 mmbd in the first quarter of 2024. This is a small decline from the 5.8 mmbd of crude production that the play recorded in 2023.
Scope
- The report analyses the crude oil and natural gas appraisal and production activities in the Permian Basin in the US.
- Comprehensive analysis of crude oil and natural gas historical production and outlook during 2024-28
- Detailed information on the impact of well development, permits, and deals in the Permian Basin
- In-depth information of well productivity and well completion parameters across the Permian Basin in the US
- Analysis of top companies' net acreage, planned capital expenditure in 2024
- Up-to-date information on major mergers and acquisitions across the Permian Basin between 2021 and 2024
Reasons to Buy
- Develop business strategies with the help of specific insights into the Permian Basin in the US
- Plan your strategies based on economic viability and expected developments in the Permian Basin
- Keep yourself informed of the latest M&A activity across Permian Basin
- Identify opportunities and challenges across the Permian Basin