The Permian Basin is located in west Texas and southeastern New Mexico and is one of the oldest producing oil and gas basins in the United States. This prolific basin is approximately 86,000 square miles and covers more than fifty counties in Texas and New Mexico.
The Permian Basin has seen a resurgence of activity over the last two years due to the strength of the price of crude oil relative to natural gas, and the application of horizontal drilling and fracturing by the industry.
The Permian Basin has so many producing fields and formation that it is difficult to list them all in one post. My goal is to write a post on each field and/or formation as time allows.
The Permian Basin contains many smaller areas and basins. These include the Midland Basin, Delaware Basin, Central Basin Platform, Val Verde Basin, Northern Shelf, Northwestern Shelf, Pecos Basin, Ozona Arch, Eastern Shelf and the Marathon Fold and Thrust belt.
The Texas Railroad Commission includes the Permian Basin in Districts 7C, 8 and 8A and the New Mexico Oil Commission places it in the Southeastern district.