Natural gas from prolific Permian Basin seeks new demand from LNG, Mexico
The Permian Basin is now home to almost 40% of all rigs currently active in the US, but natural gas demand in traditional demand centers is diminishing
Permian Basin oil production and resource assessments continue to increase
Crude oil production in the Permian Basin is expected to increase to an estimated 2.4 million barrels per day (b/d) in May
Permian Basin drives first-quarter growth in oil-directed horizontal drilling rigs
The Permian Basin, a long time oil- and natural gas-producing region in West Texas