Ten counties in the Permian Basin have propelled U.S. crude oil and lease condensate production growth since 2020, the Energy Information Administration (EIA) said in an analysis released Sept. 2.
Total output was up 1.9 MMbbl/d from 2020 to 2024, the EIA said, with the prolific Permian counties in Texas and New Mexico accounting for 93% of that total, according to Enverus data cited by the EIA. The Bone Spring, Spraberry and Wolfcamp formations were primarily responsible for the surge in output.
Production grew by just 130,000 bbl/d in the remainder of the U.S., including offshore.
Lea and Eddy counties, New Mexico, provided 52%, or almost 1 MMbbl/d of that total growth. Martin and Midland counties, Texas, accounted for 21%, or 400,000 bbl/d. The next six Texas counties—Andrews, Glasscock, Howard, Loving, Reagan and Ward—accounted for 19% of total growth, or about 360,000 bbl/d.
The 10 counties produced an average of 4.8 MMbbl/d in 2024, which accounted for 37% of all U.S. production.