The Permian region overview located in the Downloads section offers key trends and a detailed description of reserves production economics infrastructure and fiscal terms for the Permian region and its sub basins. The downloads include the Permian region overview PDF and accompanying Excel worksheet with figures and data. In addition to the Permian region overview documents this page also includes links to other Permian related content including Key Play and Type Curve reports company asset reports Insights and Permian Pulses. Permian Basin sub basins Summary Wood Mackenzie's Permian Upstream Service covers the following four Permian sub basins in this this report: Central Basin Platform Midland Delaware and Val Verde. Historically operators in the Permian have drilled vertical wells across the region but over the past decade operators have been drilling horizontal wells in the Midland and Delaware basins targeting the multiple shale benches. The Permian has some of the lowest breakevens in the Lower 48 driven by the Midland and Delaware basins which have several sub plays that breakeven below $50/bbl. M&A activity in the Permian has taken off during the recent downturn due to operators driving down costs and breakevens by drilling multi well pads with longer lateral lengths and enhanced completions. In 2016 over 40% of the Lower 48 M&A spend was in the Permian.