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New Report Finds that the Permian Basin Contributes $181.8 Billion in GDP and Nearly 786,000 Jobs to U.S. Economy

Economic Impact Report highlights the growing importance of the Permian Basin Midland, TX (Aug. 29, 2023) — The Permian Basin’s economic impact continues to gain momentum, bringing promising news for Texas, New Mexico and the entire nation. According to the latest report by the Permian Strategic Partnership (PSP), the Permian Basin had a record year for […]

Permian Strategic Partnership Announces Twenty-Second Member

Mewbourne Oil Company to Join the Organization in 2023 The Permian Strategic Partnership (PSP) today announced the addition of  Mewbourne Oil Company, a prominent independent oil and natural gas producer in the Permian Basin, as the organization’s twenty-second member. The addition of Mewbourne Oil Company enriches the group of industry leaders leveraging their resources to improve the […]

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Permian Strategic Partnership Applauds Texas Department of Transportation’s $4.3 Billion Commitment to Region’s Infrastructure

The Permian Strategic Partnership (PSP) applauds the Texas Department of Transportation’s (TxDOT) approval of the Unified Transportation Program (UTP), which serves as TxDOT’s infrastructure plan for the next decade. Notably, the 2024 UTP allocates an impressive $4.3 billion to the Odessa District, providing an increase of nearly $1 billion in additional funding from last year’s […]