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The Permian Basin comprises several component basins, including the Midland Basin, which is the largest; Delaware Basin, the second largest; and Marfa Basin, the smallest. The Permian Basin covers more than 86,000 square miles (220,000 km 2), [1] and extends across an area approximately 250 miles (400 km) wide and 300 miles (480 km) long. [2]
The UT Permian Basin (UTPB) athletic teams are called the Falcons. The university is a member at the Division II level of the National Collegiate Athletic Association (NCAA), primarily competing as a member of the Lone Star Conference (LSC) since the 2016–17 academic year.
The majority of production in the Permian, 70%, occurs in Texas, where flaring intensity dropped from 60% in 2019 to 8% from 2021 to 2022, according to the data.
Located in the Permian Basin in West Texas, Midland is a major center for American oil and natural gas production. Midland is the principal city of the Midland, Texas metropolitan statistical area, which includes all of Midland County, the population of which was 169,983 in the 2020 U.S. Census. [6]
The lack of pipelines in Texas's oil-rich Permian Basin has producers anxiously waiting for infrastructure projects to be completed.
That would bring the Permian Basin to a total of 5.99 million bopd in January 2024, the EIA reported, up from the about 5.98 million bopd reported for December – the most of any other U.S. shale ...
Location of the Yates Oil Field in Texas, showing major and nearby cities. Black lines are county boundaries. The Yates Oil Field is a giant oil field in the Permian Basin of west Texas. Primarily in extreme southeastern Pecos County, it also stretches under the Pecos River and partially into Crockett County.
It's easy to forget about the Permian Basin, Texas' stalwart oil play for so long, when production is booming in new plays such as the Bakken and the Eagle Ford. In this video, Fool contributor ...