Production Trends
The Permian Basin currently produces 6.52M 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
10/27/2025Recent drilling activity in the Permian Basin shows promising results with increased efficiency.
Source: Energy Daily
Major Operators Expand Permian Basin Operations
10/26/2025Exxon Mobil announces expanded drilling program targeting key formations.
Source: Oil & Gas Journal
Technology Advances Drive Permian Basin Efficiency
10/25/2025New drilling techniques reduce costs and improve production rates.
Source: Drilling Contractor