1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Oil and Gas Market Trends
Permian Basin in the US, 2020 - Oil and Gas Shale Market Analysis and Outlook to 2022

Permian Basin in the US, 2020 - Oil and Gas Shale Market Analysis and Outlook to 2022

  • October 2020
  • 57 pages
  • ID: 5779521
  • Format: PDF
  • GlobalData
Up to $2999 off Until Nov 30th 2020

Summary

Table of Contents

Search Inside

Permian Basin in the US, 2020 - Oil and Gas Shale Market Analysis and Outlook to 2022

Summary
The Permian Basin has been the most affected play in the US since the beginning of the Covid-19 pandemic.At its peak in March 2020, the Permian had 405 drilling rigs.

Currently, there are just 125 drilling rigs in the area as of September 2020. The play also witnessed a drastic drop in its output from 4.85 million barrels per day (mmbd) in March 2020 to 3.89 mmbd in May 2020.

With the contraction in demand for both crude oil and oil product persisting for a prolonged period of time due to COVID-19, there has been a look out for potential acquisitions with the goal of consolidating operations to lower costs.Chevron’s US$13 billion acquisition of Noble Energy, including debt is one of the largest transactions in 2020.

Although several synergies are created through this transaction, Chevron was also attracted by Noble’s Permian acreage of 92,000 acres that are in close proximity to Chevron’s acreage especially since its plan to acquire Anadarko fell through last year. Another relevant deal in the Permian is the recent US$2.6 billion all-stock merger involving Devon Energy and WPX Energy. Both the companies have majority of their portfolio coming from Permian basin and have overlapping acreage. This merger is beneficial for both companies as they could combine operational expertise in Permian operations, even though it might result in a reduction in their workforce.

Scope
The report analyzes the crude oil and natural gas appraisal and production activities in the Permian Basin in the US.

The scope of the report includes -
- Comprehensive analysis of crude oil and natural gas production across major counties in Texas and New Mexico during 2017-2019, as well as production outlook from 2020-2022
- Detailed information of impact on monthly production from the play amid COVID-19 pandemic
- In-depth information of well permits issued in the Permian Basin across Texas and New Mexico, by county and by company from January 2019 to August 2020
- In-depth analysis of net acreage, reserves, production in 2020, cost trends and planned investments of major companies in the Permian Basin
- Detailed information of financial standings of major companies
- In-depth analysis on various completion parameters
- Comparison of planned capital expenditure by major companies
- Detailed analysis of economic metrics of major players in the Permian Basin
- In-depth analysis of financial and economic metrics of bankrupt companies in the Permian Basin
- Up-to-date information on major mergers and acquisitions in the Permian Basin between 2018 and 2020
- Overview of existing and active pipeline infrastructure in and around the Permian Basin, along with a review of the upcoming projects in the region

Reasons to Buy
- Develop business strategies with the help of specific insights into the Permian Basin
- Plan your strategies based on expected developments of the Permian Basin
- Understand the competitive landscape of the companies in the Permian Basin
- Keep yourself informed of the latest M&A activity in this prolific Basin
- Identify opportunities and challenges in the Permian Basin in the US

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
25% Off

($3999)

  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Tunable Diode Laser Analyzer Market by Methodology, Gas Analyzer Type, Industry And Geography - Global Forecast to 2025

  • $ 4950
  • November 2020
  • 180 pages

The tunable diode laser analyzer market size is expected to grow from USD 400 million in 2020 to USD 569 million by 2025, at a CAGR of 7.3% during the forecast period. The growth of the TDLA market is ...

  • United States
  • APAC
  • Industrial Gases
  • Oil And Gas
  • Industry analysis
  • Greenhouse Gas Emissions
  • Number Of Refineries

ref:plp2020

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on