Permian Basin
🛢️ OilUpdated 2/2/2026
Texas, New Mexico
The Permian Basin is the largest oil-producing region in the United States, spanning West Texas and southeastern New Mexico.
Limited Data Available
Some metrics for this basin are estimates based on regional trends. We're working to add real-time data from official sources.
Oil Production
6.51M
bbl/day
4.2% YoY
Gas Production
29.7B
Mcf/day
4.2% YoY
Active Rigs
117
rigs
-4.7 WoW
DUC Wells
531
wells
-7.8 MoM
Production Trends
The Permian Basin currently produces 6.51M barrels of oil per day, representing approximately 50.1% of total U.S. production. The basin has shown consistent growth over recent months, driven by improved drilling efficiency and favorable market conditions.
Top Operators
Exxon Mobil
#1
Chevron
#2
Pioneer Natural Resources
#3
ConocoPhillips
#4
EOG Resources
#5
Key Formations
Wolfcamp
Primary target for oil production
Spraberry
Primary target for oil production
Bone Spring
Primary target for oil production
Delaware
Primary target for oil production
Avalon
Primary target for oil production
Recent Permian Basin Updates
Permian Basin Production Reaches New Heights
2/1/2026Recent drilling activity in the Permian Basin shows promising results with increased efficiency.
Source: Energy Daily
Major Operators Expand Permian Basin Operations
1/31/2026Exxon Mobil announces expanded drilling program targeting key formations.
Source: Oil & Gas Journal
Technology Advances Drive Permian Basin Efficiency
1/30/2026New drilling techniques reduce costs and improve production rates.
Source: Drilling Contractor