United States of America (USA) Permian Basin Oil and Gas Shale Market Analysis and Forecast to 2027

PUBLISHED: August 23, 2023

PAGES:

DELIVERY TIME: 1-2 business days

ADD TO COMPARE

SELECT AN OPTION

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 2023, oil production from the play observed significant growth after witnessing a plunge during the COVID-19 pandemic. According to the Energy Information Administration (EIA) data, crude oil production in the Permian Basin averaged nearly 5.7 million barrels of oil per day (mmbd) from January to May 2023.

Scope

The report analyses the crude oil and natural gas appraisal and production activities in the Permian Basin in the US.
Comprehensive analysis of crude oil and natural gas historical production and outlook during 2022-27
Detailed information on the impact of well development, permits, and deals in the Permian Basin
In-depth information of well productivity and well completion parameters across the Permian Basin in the US
Analysis of top companies' net acreage, planned capital expenditure in 2023
Up-to-date information on major mergers and acquisitions across the Permian Basin between 2020 and 2023

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 across Permian Basin
Identify opportunities and challenges across the Permian Basin

Product Code: GDGE0440MAR

1. Overview

1.1 Permian Basin, Recent Developments and Trends

2. Permian Basin, Introduction

2.1 Permian Basin, Formation Overview

3. Permian Basin, Production and Activity Overview

3.1 Permian Basin, Production Analysis, 2020-2022
3.2 Permian Basin, Production Outlook, 2023-2027
3.3 Permian Basin, Drilling Activity, 2021-2023
3.4 Permian Basin, Well Profile

4. Permian Basin, Competitive Benchmarking

4.1 Permian Basin, Major Companies with Prominent Presence, 2023
4.2 Permian Basin, Capex of Major Companies, 2023
4.3 Permian Basin, Operational Performance of Leading Operators
4.4 Permian Basin, Cost Trends, 2023
4.5 Permian Basin, Completion Parameters, 2021-2023

5. Permian Basin, Associated Infrastructure

5.1 Pipelines

6. Permian Basin, Mergers & Acquisitions, 2020-2023

6.1 Overview of M&A Activity
6.2 Major Acquisitions, 2020-2023

7. Permian Basin, Analysis of Major Companies, 2022

7.1 Chevron Corp
7.2 ConocoPhillips
7.3 Pioneer Natural Resources
7.4 Exxon Mobil Corp
7.5 Occidental Petroleum Corp
7.6 EOG Resources Inc
7.7 Devon Energy Corp
7.8 Diamondback Energy Inc
7.9 Coterra Energy Inc
7.10 Apache Corp

8. Appendix

8.1 Abbreviations
8.2 Methodology
Coverage
Secondary Research
About GlobalData
Contact Us

Product Code: GDGE0440MAR

List of Tables

Table 1: Permian Basin, crude oil and natural gas production, 2020-2022
Table 2: Permian Basin, net acreage by company, 2023*
Table 3: Production of major companies, 2022
Table 4: Permian Basin, planned capital expenditure by major companies, 2022-2023 ($M) *
Table 5: Permian Basin, operational performance of leading operators
Table 6: Permian Basin, major pipelines, 2023
Table 7: Permian Basin, major deals by Oil and Gas Companies, 2021-2023
Table 8: Chevron Corp, key operational parameters, 2022
Table 9: ConocoPhillips, key operational parameters, 2022
Table 10: Pioneer Natural Resources, key operational parameters, 2022
Table 11: Exxon Mobil, key operational parameters, 2022
Table 12: Occidental Petroleum Corp, key operational parameters, 2022
Table 13: EOG Resources Inc, key operational parameters, 2022
Table 14: Devon Energy Corp, key operational parameters, 2022
Table 15: Diamondback Energy Inc, key operational parameters, 2022
Table 16: Coterra Energy Inc, key operational parameters, 2022
Table 17: Apache Corp, key operational parameters, 2022

List of Figures

Figure 1: Total Production in Permian Basin, 2019-2023
Figure 2: Rig count in Permian Basin, and West Texas Intermediate (WTI) futures prices, 2021-2023
Figure 3: Expanse of the Permian Basin
Figure 4: Permian Basin, crude oil and condensate production by county (mbd), 2020-2022
Figure 5: Permian Basin, natural gas production by county (mmcfd), 2020-2022
Figure 6: Permian Basin, production outlook, 2022 - 2027
Figure 7: Permian Basin, number of well permits by county, Texas, January 2021 to May 2023
Figure 8: Permian Basin, number of well permits by county, New Mexico, January 2021 to May 2023
Figure 9: Permian Basin, number of well permits by operator, Texas, January 2021 to May 2023
Figure 10: Permian Basin, number of well permits by operator, New Mexico, January 2021 to May 2023
Figure 11: Permian Basin, well profile for crude oil production
Figure 12: Permian Basin, well profile for natural gas production
Figure 13: Permian Basin, major companies by well costs ($M), July 2023
Figure 14: Permian Basin, proppant mass (million lbs.) vs lateral length (ft)
Figure 15: Permian Basin, average peak crude oil production vs lateral length (ft) quartile
Figure 16: Permian Basin, peak total production vs lateral length, Jan 2021-Apr 2023
Figure 17: Permian Basin, total EUR vs lateral length, 2021- April 2023
Figure 18: Permian Basin, major active crude oil and natural gas pipelines by capacity, June 2023