About the Permian Strategic Partnership
Top Producing Regions
The Permian represents over half of all active rigs in the US.1
The Permian is estimated to make up 50% of US oil production by 2026. If the Permian were its own country, it would be among the top five oil producers in the world.2
LNG and oil from the Permian Basin provided more than $119bn in contributions to the US Balance of Trade in 2024.3
The Permian is uniquely positioned, given its untapped remaining resource and competitive breakeven prices.
TEXAS
NEW MEXICO
TEXAS
The Texas Permian Basin is home to 1.6% of the state’s population, but contributes 7.3% of the state’s private sector GDP. 18
NEW MEXICO
The New Mexico Permian Basin is home to 9.4% of the state’s population, but contributes 24.8% of the state’s private sector GDP. 19
Jobs and Permian Basin Workforce Demand
The Permian Basin Supports:
TEXAS
645,050 147,500 862,250