United States of America (USA) Permian Basin Oil and Gas Shale Market Analysis and Forecast, 2021-2026

The Permian Basin is the largest oil producing shale play in the US. As it is majorly located in Texas, it benefits from the dense network of oil and gas pipelines in the state as well as access to downstream infrastructure along the Gulf Coast. In 2022, oil production from the play observed a remarkable turnaround after witnessing a considerable drop during the COVID-19 pandemic. According to the Energy Information Administration (EIA) data, crude oil production in the Permian Basin averaged nearly 5.0 million barrels of oil per day (mmbd) from January to May of this year. Back in 2020, before the COVID-19 pandemic hit the US, the play averaged over 4.8 mmbd during January to March. However, following the oil price crash due to worldwide lockdowns, the Permian oil production dropped below 4.0 mmbd in May 2020 and then hovered around 4.3 mmbd for the remainder of the year.

Scope

• The report analyses the crude oil and natural gas appraisal and production activities in the Permian Basin in US. The scope of the report includes:
• Comprehensive analysis of crude oil and natural gas historical production and outlook during 2019-26
• Detailed information of impact on well development, permits and deals against the backdrop of the COVID-19 pandemic
• In-depth information of well productivity and well completion parameters across Permian Basin in the US
• Analysis of top companies' net acreage, planned capital expenditure in 2022
• Up-to-date information on major mergers and acquisitions across the Permian Basin between 2019 and 2022

Reasons to Buy

• Develop business strategies with the help of specific insights into the Permian Basin in the US
• Plan your strategies based on economic viability and expected developments in the Permian Basin
• Keep yourself informed of the latest M&A activity in across Permian Basin
• Identify opportunities and challenges across Permian Basin