
The Permian Basin:* Covers an area about 250 miles wide by 300 long. That’s roughly 75,000 square miles. It encompasses both Big Bend National Park and the Guadalupe Mountains National Park.* It is situated in West Texas and Southeastern New Mexico, with the central production and service hubs in Odessa and Midland. * It is the largest oil-producing field in the U.S., accounting for over 40% of U.S. oil production and about 15% of U.S. natural gas production. It produces over 4.2 million barrels of crude oil per day. An estimated 20 billion more barrels remain to be developed. * The area also has sizable deposits of sulphur, which explains the funky smell.* It is one of the largest employers in the U.S., accounting for over 850,000 jobs. I went to the heart of the Permian Basin, in Odessa/Midland. Easily one of the highlights of the year. But don’t believe anyone who says it’s lovely to live here. It’s not. But, man, is it profitable. Thanks for reading Crotty Farm Report! This post is public, so feel free to share it.Crotty Farm Report is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Get full access to Crotty Farm Report at crotty.substack.com/subscribe
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