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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
CIR Research Desk 06 Oct 2025

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