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ExxonMobil-Pioneer: Six Months Into the Biggest Permian Deal Ever
Permian Basin: The Last Man Standing
Published: March 6, 2025 Category: Basin Report Access: Free
If you want to understand U.S. oil production in 2025, you need to understand one basin. Everything else is context.
The Permian Basin is producing approximately 6.2 million barrels of oil per day — roughly 48% of total U.S.
The State of U.S. Upstream: Where We Stand in Early 2025
Published: March 3, 2025 Category: Upstream Analysis Access: Free
Let me tell you what the numbers actually say — because the press releases won't.
As of late February 2025, the U.S. land rig count sits at approximately 585 active rigs. That's down roughly 15% from the