![Permian Basin Wolfcamp Playbook 2014](/sites/default/files/styles/max_650x650/public/image/2019/02/permian-wolfcamp-techbook-cover.jpg?itok=F3kF_NRK)
Permian Basin Wolfcamp Playbook 2014
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Permian Basin resource plays are set to see production growth that continues the renaissance transforming the area. Hart Energy forecasts 1.2 MMboe/d of Permian production growth by 2025, with oil and NGLs contributing ~1 million bbl/d. That nearly doubles today's 1.5 MMbbl/d. Production will ramp up from unconventional drilling with solid margins because most wells breakeven oil price is below $70/bbl. Economics like these economics help explain the upward trend in Permian activity and capital budgets.