Chron.com | Permian Basin oil production crushes 1973 records Chron.com IHS energy researchers believe the basin still holds as much as 70 billion barrels of technically recoverable resources – about twice as much as the total oil production to date. The Permian is now a model for development of more than 25 onshore “super ... Producers brace for higher oil field costs America's hottest oil play just needs a few thousand truckers |