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Production

Permian Basin pumpjacks operating at sunset, West Texas oil production

Permian in 2026: The Road to 7 MMbbl/d

The Permian Basin is the most consequential oil-producing region in the world outside of Saudi Arabia's core fields. It exited 2025 producing approximately 6.3–6.5 million barrels of oil per day — a number that would have seemed fantastical to any petroleum engineer working the basin

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