Insight
Permian Pulse: Crude supply outlook
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
How big is the wave of Permian production headed our way? It's an important question when we consider what has transpired in the Permian Basin over the last year. The rapid ramp of rigs since May 2016 caught much of the industry off guard. However, the underlying fundamentals to support the rig count are sound. Our breakeven map shows virtually all of the Permian has assets that can be developed at $50/bbl. In fact, our current view shows over 62,000 remaining locations that breakeven under $55/bbl. That equates to over 20 years of low cost drilling inventory at today’s activity levels. The acceleration was catalysed by a burgeoning M&A market, with buyers needing to secure and add rigs to the field to make deals accretive. So how does this translate to production and what are the key factors to consider?
Table of contents
- Permian crude supply: short-term confidence and long-term questions
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Managing the nitrogen challenge: how Permian gas is reshaping US Gulf Coast LNG
Increasing nitrogen content in LNG feedgas sources creates both challenges and opportunity
$950
Insight
Global oil supply short-term update - August 2026
Global oil supply outlook downgraded for 2026 as tensions in Middle East continue
$1,350
Insight
Global Upstream Update: July 2026
Key themes: conflict curtailed supply; unlocking discovered resource; old basins and new tricks
$1,350
