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

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    Report

  • 49 Pages
  • July 2022
  • Region: United States
  • GlobalData
  • ID: 5645204
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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

Table of Contents

1 Table of Contents
1.1 List of Tables
1.2 List of Figures
2. Overview
2.1 Permian Basin, Recent Developments and Trends
3. Permian Basin, Introduction
3.1 Permian Basin, Formation Overview
4. Permian Basin, Production and Activity Overview
4.1 Permian Basin, Production Analysis, 2019-2021
4.2 Permian Basin, Production Outlook, 2022-2026
4.3 Permian Basin, Drilling Activity, 2020-2022
4.4 Permian Basin, Well Profile
5. Permian Basin, Competitive Benchmarking
5.1 Permian Basin, Major Companies with Prominent Presence, 2022
5.2 Permian Basin, Capex Plans of Major Companies, 2022
5.3 Permian Basin, Operational Performance of Leading Operators
5.4 Permian Basin, Cost Trends, 2022
5.5 Permian Basin, Completion Parameters, 2020-2022
6. Permian Basin, Associated Infrastructure
6.1 Pipelines
7. Permian Basin, Merger & Acquisitions, 2019-2022
7.1 Overview of M&A Activity
7.2 Major Acquisitions, 2019-2022
8. Permian Basin, Analysis of Major Companies, 2022
8.1 Pioneer Natural Resources
8.2 Chevron Corp
8.3 Occidental Petroleum
8.4 Exxon Mobil Corp
8.5 ConocoPhillips
8.6 EOG Resources Inc
8.7 Diamondback Energy Inc
8.8 Devon Energy Corp
8.9 Apache Corp
9. Appendix
9.1 Abbreviations
9.2 Methodology
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List of Tables
  • Table 1: Permian Basin, Crude Oil and Natural Gas Production, 2019-2021
  • Table 2: Permian Basin, Net Acreage by Company, 2022
  • Table 3: Permian Basin, Net Acreage by Company, 2022
  • Table 4: Permian Basin, Planned Capital Expenditure of Major Companies, 2021-2022 ($Million)
  • Table 5: Permian Basin, Operational Performance of Leading Operators, January 2020 - March 2021
  • Table 6: Permian Basin, Major Pipelines, 2022
  • Table 7: Permian Basin, Major Deals by Oil and Gas Companies, 2019-22
  • Table 8: Pioneer Natural Resources, Key Operational Parameters, 2022
  • Table 9: Chevron, Key Operational Parameters, 2022
  • Table 10: Occidental Petroleum, Key Operational Parameters, 2022
  • Table 11: Exxon Mobil, Key Operational Parameters, 2022
  • Table 12: ConocoPhillips, Key Operational Parameters, 2022
  • Table 13: EOG Resources, Key Operational Parameters, 2022
  • Table 14: Diamondback Energy, Key Operational Parameters, 2022
  • Table 15: Devon, Key Operational Parameters, 2022
  • Table 16: Apache, Key Operational Parameters, 2022
List of Figures
  • Figure 1: Total Production in Permian Basin, 2018-2022
  • Figure 2: Rig count in Permian Basin, and West Texas Intermediate (WTI) future prices, 2020-2022
  • Figure 3: Permian Basin, Crude Oil and Condensate Production by County (mbd), 2019-2021
  • Figure 4: Permian Basin, Natural Gas Production by County (mmcfd), 2019-2021
  • Figure 5: Permian Basin, Production Outlook, 2021 - 2026
  • Figure 6: Permian Basin, Number of Well Permits by County, Texas, January 2020 to May 2022
  • Figure 7: Permian Basin, Number of Well Permits by County, New Mexico, January 2020 to May 2022
  • Figure 8: Permian Basin, Number of Well Permits by Operator, Texas, January 2020 to May 2022
  • Figure 9: Permian Basin, Number of Well Permits by Operator, New Mexico, January 2020 to Apr 2022
  • Figure 10: Permian Basin, Well Profile for Crude Oil Production
  • Figure 11: Permian Basin, Well Profile for Natural Gas Production
  • Figure 12: Permian Basin, Major Companies by Well Costs (US$ mil), March 2021
  • Figure 13: Permian Basin, Proppant Mass (million lbs.) vs Lateral Length (ft)
  • Figure 14: Permian Basin, Average Peak Crude Oil Production vs Lateral Length (ft) Quartile
  • Figure 15: Permian Basin, Peak Total Production vs Lateral Length, 2020-2022
  • Figure 16: Permian Basin, Total EUR vs Lateral Length, 2020-2022
  • Figure 17: Permian Basin, Major Active Crude Oil and Natural Gas Pipelines by Capacity, 2022