Permian Basin Oil Fields

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Summary Information

  • Operator:
  • Country: USA
  • Location:
  • Production start:
  • Partners:
  • Type: Oil / Gas
  • Estimated Reserves:
  • Production Volume:

Description

  • The Permian Basin in Texas and New Mexico is the nation's most prolific oil producing area.
  • The Permian Basin region encompasses an area approximately 250 miles wide and 300 miles long, and it contains many potentially productive low-permeability oil formations.
  • Although oil production has previously come from the more permeable portions of the Permian formations, the application of horizontal drilling and hydraulic fracturing has opened up large and less-permeable portions of these formations to commercial production.
  • The six fastest growing areas or oil production are:

Contractors

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History

Geology

Links

  1. Six formations are responsible for surge in Permian Basin crude oil production
  2. ExxonMobil Increases Permian Basin Acreage, Drives Efficiency in Utica Holdings

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