Publications | The Perryman Group

Keeping it Together: Preserving the Permian Basin Energy Sector and the Odessa Economy through the COVID‑19 and Related Oil Market Challenges

Report Published on May 15, 2020

The Permian Basin is among the most important oil-producing regions in the world. Drilling and production and the necessary supporting industries generate business activity not only in the region, but across the state and the nation. In order to be in a position to fully take advantage of future opportunities, it is imperative that the underlying capabilities remain in place - the workforce, the infrastructure, the supply chain, the equipment, and the community support systems. Given the current situation, maintaining this viability requires immediate action from governments at all levels and the private sector.

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The Impact of Developing the Keystone XL Pipeline Project on Business Activity in the US: An Analysis Including State‑by‑State Construction Effects and an Assessment of the Potential Benefits of a More Stable Source of Domestic Supply

Report Published on June 13, 2010

TransCanada Keystone Pipeline LP Ltd., proposed the Keystone Pipeline in February 2005, a $5.2 billion project to connect reliable oil supply regions in Canada with key US refining and distribution centers. In July 2008, TransCanada announced Keystone XL, an approximately $7 billion pipeline project that complements the original Keystone Pipeline and nearly doubles the size and capacity of the Keystone Pipeline System with an expansion to the US Gulf Coast. With Keystone XL, the Keystone Pipeline System would have the capacity to deliver approximately 1.1 million barrels of Canadian crude oil to US markets each day.

Tags:
Keystone XL,
oil,
pipelines,
gas

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Essential Energy: The Economic Importance of the Permian Basin Part 1 of 2

Newsletter Published on July 07, 2022 (Vol. 39, No. 05)

The Permian Basin is among the most important oil-producing regions in the world. In addition to supplying needed energy, it also generates a substantial portion of Texas business activity. This issue highlights results of The Perryman Group's recent study of the economic and fiscal impact of the region.

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Priority Midland by the Numbers: Executive Summary

Brief Published on August 15, 2019

Midland stands at the epicenter of an economic phenomenon of global importance which has created an enormous opportunity for the area. With proactive efforts, Midland can prepare for the challenges ahead and ensure the opportunities associated with oil and gas and related activity benefit the full community.

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Priority Midland by the Numbers: Overview

Infographic Published on August 15, 2019

Recent advances such as hydraulic fracturing, horizontal drilling, as well as new discoveries, increased exports, and infrastructure improvements will lead to less volatility, larger scale drilling programs, increased cycle times, and a larger permanent workforce and population. These changes and their associated spin-off effects will lead to myriad economic benefits, including increased output (real gross product), greater personal income, new (and higher paying) jobs, additional retail sales, and enhanced tax revenues. The resulting growth brings enormous potential benefits, but also has profound implications for housing, infrastructure, education, health & wellness, and quality of place. Proactive efforts to prepare for the coming growth can position the area to emerge stronger and more prosperous in the future.

Tags:
Permian Basin,
Midland,
oil,
gas

Potential Economic Benefits of the Alaska LNG Project

Infographic Published on October 10, 2018

Alaska LNG will revolutionize the Alaska economy, allowing domestic use of Alaska's natural gas resources while developing liquefied natural gas ("LNG") processing facilities so natural gas can be exported. People across the state will benefit, both directly and from multiplier effects through the economy.