The Permian Basin

The Permian Basin is a large underground geological formation in West Texas and southeastern New Mexico, known for its rich deposits of oil and natural gas. Over millions of years, layers of earth trapped these fuels, which are now extracted through drilling. It is one of the most productive and economically significant oil-producing regions in the United States. Advances in drilling technologies, such as hydraulic fracturing and horizontal drilling, have unlocked vast resources in the basin, making it a key driver of energy production and economic activity in the region.