Skip to main content

Independent Producers Dominate Majors in the Permian

November 01, 2021
Trey Cowan
Download as PDF

Key Findings

While ExxonMobil and Chevron have portrayed themselves as leaders in the Permian, it is unlikely that future operations from their current assets will propel either to top-producer status in the vast region that sprawls across Texas and New Mexico.

IEEFA's analysis of data from 2018 through 2020 found independent producers hold the highest-performing wells, and that metrics used by the two supermajors to portray leadership actually favor independent producers.

Trey Cowan

Trey Cowan is an oil & gas analyst focused on U.S. upstream and global energy markets with a keen interest in Texas activities. At IEEFA, Trey contributes research, commentary, and independent analysis assessing the energy industry’s transition to cleaner, more affordable and sustainable solutions.

Go to Profile

Join our newsletter

Keep up to date with all the latest from IEEFA