Pumped Up Permian

Posted: January 28, 2022
Category: News Pulse

RP Weekly Recap | January 24 – 28


To welcome in the new year, the Permian set a new record-high daily production average for the month of January coming in at an impressive 4.92 million BPD. But, the good news doesn’t stop there as the EIA predicts the shale powerhouse could boost production even higher, to 4.996 million BPD this month and 5.076 million BPD in February. With skyrocketing production levels, that makes the Permian alone a bigger producer than any OPEC members except Saudi Arabia. Check out this story and more in this week’s recap of all things happening in oil and gas! 

COVID-19 Updates

COVID-19 Statistics

  • Number of Cases (Worldwide): 367,641,103 (up from 322,242,878 last week)
  • Number of Cases (USA): 73,535,865 (up from 64,533,959 last week)
  • Statistics courtesy of Johns Hopkins

Financial & Economic Updates

U.S. Oil Market News

Global Market News

Employment Updates

  • Texas Upstream Sector Jobs Increase For Eighth Month In A Row
  • Weekly Jobless Claims Dip, Total 260,000 – the omicron variant of the coronavirus may be affecting the labor market

United States Rig Count

  • UP 6 from last week for a total of 610
  • Up 58.8% from one year ago
  • Statistics courtesy of Baker Hughes


Content UpdatesNews PulsePodcast

  • Blended ethanol is something RARE PETRO has covered in the past, but 2022 could be a truly pivotal year for the fuel component. Why? Well, check out our latest Periodical to find out! 

  • Episode Seventeen of The Industry Leader Spotlight Podcast is available now! Be sure to check out our interview with Cary Stockdell, CEO of Stockdell Stringer Leadership Solutions!

  • RARE PETRO is the tik talk of the town! Short-form content to educate both the public or industry professionals is available NOW! Check out our latest Tik Tok Video uncovering what Hollywood does not understand about a blowout. 

  • RARE PETRO and Rainmaker GBD collaborate on a monthly newsletter highlighting everything you need to know about the energy sector. This is a video interview with RARE PETRO’s Anthony McDaniels as he speaks on the biggest stories and dives a little bit deeper into supporting data. Welcome to the second edition of “Side Chat”

  • Grab a drink and join us for our newest segment, Thirsty Thursday: An Inventory Report to see if we’ve been poured another tall glass of crude and whether or not the U.S. was thirsty enough to suck down another round. 

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