The Permian Basin is the powerhouse of the U.S. oil and gas industry, standing as a critical driver of domestic and global energy production. Spanning approximately 86,000 square miles across western Texas and southeastern New Mexico, this geological marvel continues to dominate headlines and the energy landscape alike. As of 2024, the region’s oil production surged to a record-breaking 6.3 million barrels per day, contributing nearly half of the nation’s crude oil output. Beyond crude, the Permian also plays a significant role in producing natural gas, underscoring its importance not only for U.S. energy security but also for meeting the growing demand for liquefied natural gas (LNG) exports. Its vast reserves, advanced infrastructure, and high production rates make it the focal point for operators and service providers in the oilfield sector.