Insight
Explaining the new trajectory of Permian growth
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
We were recently in Midland, TX and found that the discussion topic in many research meetings shifted to something new: the subtle slowdown in Permian growth. By our models, another year of 900 kb/d crude growth appears unlikely and although Permian output is up, the pace of growth will likely fall this year and next. What's behind the slowdown? Is it budget cuts or operational challenges? How much could that latter slow production growth by? The ability to successfully navigate around new roadblocks like traffic, power reliability and inexperienced field hands will be critical for Permian operators to sustain production growth. But a slowdown in the Permian may not be a bad thing. Is there a silver lining to this year's falling rig count?
Table of contents
- Permian crude production and rig forecast
Tables and charts
This report includes the following images and tables:
What's included
This report contains:
Other reports you may be interested in
Insight
Lower 48 long-term oil and gas supply outlook H1 2026
With rising oil prices, egress expansion and accelerating gas demand how will Lower 48 supply evolve over the next decade?
$1,350
Asset Report
Permian Spraberry Key Play
Our new Permian Spraberry key play report showcases our latest view on production, geology, well productivity and more.
$22,800
Insight
Reawakening Rockies Gas
Rockies gas is shifting from "too hard, too expensive" to "right place, right time, right economics"
$1,350
