1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Oil and Gas Market Trends
Permian Basin in the United States of America (USA), 2021 - Oil and Gas Shale Market Analysis and Outlook to 2025

Permian Basin in the United States of America (USA), 2021 - Oil and Gas Shale Market Analysis and Outlook to 2025

  • July 2021
  • 46 pages
  • ID: 6127225
  • Format: PDF
  • GlobalData

Summary

Table of Contents

Search Inside

Permian Basin in the United States of America (USA), 2021 - Oil and Gas Shale Market Analysis and Outlook to 2025

Summary
The Permian Basin is the largest oil producing region in the United States.This hydrocarbon-rich formation situated in West Texas and the adjacent region of Southeast New Mexico in the US.

During 2019, crude oil production in the Basin averaged at 4.3 million barrels of oil per day (mmbd), peaking at 4.7 million in December 2019. The upward trend continued till Q1 2020, with production averaging at 4.8 mmbd. However, dropped energy demand and crashed oil price brought by Covid-19 pandemic, caused decrease in crude oil production in the basin during April to December 2020. The lowest levels of natural gas production since the end of Q1 2020 was observed in May 2020 with 14% drop to 14.8 bcfd, while lowest level of crude oil production was observed in September 2020 to 4.2 mmbd, which is a 12.5% drop compared to that of March 2020. During Q1 2021, production in the basin continued to fall, attributing to the winter storm in the US. However, growing capital investment by major players in the basin is expected to support steady production growth over the next five years, with forecasts of exceeding pre pandemic level.

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 2018-25
- 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 2021, as well as crude oil and natural gas reserves and production stats as of 2020
- Up-to-date information on major mergers and acquisitions across the Permian Basin between 2019 and 2021

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

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
  • 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.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

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 [email protected] 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 - [email protected] 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.

ref:plp2021

Reportlinker.com © Copyright 2021. 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