This map shows how oil flows out of American oil's 'sleeping giant'

Texas’ Permian Basin has long been considered to be American oil’s “sleeping giant.”

And, notably, in the past week, operators in the region added five rigs to their active count, which OilPrice.com’s Irina Slav suggested demonstrated “that the basin is perhaps the most viable across the shale patch, with its low production costs and abundant reserves.”

Below, a map of the main pipelines in the Permian Basin via a Credit Suisse research team led by Jan Stuart.

Solid lines indicate existing pipelines, while dotted ones represent those that are under construction. And, we should note, the map is not to scale.

NOW WATCH: Here’s one type of pimple you should pay attention to

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.