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Permian Basin

Two active drilling rigs on Delaware Basin lease, New Mexico Permian scrubland, aerial view

Permian Basin Rig Count Tracker: Weekly Data, Sub-Basin Trends, and 2026 Production Outlook

The Permian Basin had 241 active rigs as of March 27, 2026, according to Baker Hughes weekly data — representing 44 percent of all active US land drilling rigs. With the total US rig count at 543, the Permian's dominance remains structural, not cyclical. That concentration means the basin&

Permian Basin pumpjacks operating at sunset, West Texas oil production

Private Operator Spotlight: The Permian's Hidden Giants

The narrative of Permian Basin consolidation focuses naturally on the names visible in quarterly earnings filings: ExxonMobil, Occidental, Diamondback, ConocoPhillips. These are the public companies whose acreage maps, production figures, and capital budgets are subject to SEC disclosure, analyst scrutiny, and quarterly calls with institutional investors. But beneath this public

Permian Basin pumpjacks operating at sunset, West Texas oil production

Permian Production: When Does Growth Slow?

The Permian Basin has been producing oil faster than almost anyone predicted for the past decade. Total production from the basin — which spans the Midland and Delaware sub-basins across West Texas and southeastern New Mexico — surpassed 6 million barrels per day in 2024 and has continued pushing higher into 2025.