Region

Permian

The biggest US oil field, spread across West Texas and southeast New Mexico. Its Delaware and Midland sub-basins drive most of the country's crude growth.

Basin at a glance

EIA STEO · Jun 2026

Oil production

6.15M bbl/d

▲ 3.6% YoY

Gas production

22.8Bcf/d

▲ 6.1% YoY

Active rigs

257

▼ 5.5% YoY

New-well oil / rig

1,919bbl/d

drilling productivity

Trend lines: trailing 24 months (Jul 2024 – Jun 2026), quarterly ticks. Click a card to expand. Source: EIA STEO.

Basin outline (EIA) and production data (EIA STEO); prices are live.

Latest from Permian

Kinder Morgan posts record Q2 net income, tracks ahead of 2026 budgetAnalysis

Markets · By Global Energy Report · 11d

U.S. rig count rises to 588 as Permian gains three rigs

Markets · Baker Hughes Rig Count and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 16d

US crude oil output hit a record 13.6 million barrels a day in 2025Analysis

Markets · By Global Energy Report · 24d

DOE closes $3.26 billion loan to AEP Texas for 2,800 miles of transmissionAnalysis

Policy · By Global Energy Report · 25d

Natural Gas Services Group redomesticates to Texas

Markets · GlobeNewswire-Oil-Equipment-Services and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 25d

US rig count rises to 580 as Permian adds three rigs

Markets · Baker Hughes Rig Count and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 27d

Chevron signs 20-year power deal to supply Microsoft's West Texas data centerAnalysis

Power · By Global Energy Report · 40d