Insight: Analysis Shows Top Performers, Trends In Permian

The powerful Permian Basin is still going strong, despite infrastructure constraints and lower crude prices in the region, as top operators plan to invest more and an abundance of drilling locations provide room for future growth.

But some operators are faring better than others when it comes to new production per well and overall breakevens among other benchmarks in the Delaware.

Top E&P performers and hot trends in the biggest oil field in the U.S. was the topic of a recent Rystad Energy webcast featuring Veronika Akulinitseva, a senior analyst for the consultancy group. Insight on upstream analytics from the shale play was delivered as the nation’s oil output—led by the Permian—passed 10 million barrels per day for the first time in decades, according to the U.S. Energy Information Administration.

Production in the Permian Delaware is expected to reach 2.6 million barrels of oil equivalent per day (MMboe/d) this year and jump to 8 MMboe/d by 2025. Oil accounts for most of the production.