Permian Production to Reach Yet Another High As Oil Zooms Posted byNilanjan Choudhury January 20, 2022 Leave a comment on Permian Production to Reach Yet Another High As Oil Zooms Big producers like ExxonMobil (XOM), Chevron (CVX) and ConocoPhillips (COP) are betting heavily on the prolific Permian Basin as the shale play looks set to hit a new production record.