MarketWatch | Texas's Permian Basin is only US oil-producing region where production will rise MarketWatch West Texas's Permian Basin will be the only U.S. oil-producing area to see an increase in production this year, with the number of wells there rising by more than 30% and outpacing major basins in North Dakota and south Texas. That's from analysts at ... Land Rush in Permian Basin, Where Oil Is Stacked Like a Layer Cake Exxon Bets Big on American Oil Exxon Mobil doubles its oil and gas holdings in the Permian basin for $5.6 billion |