Oil & Gas 360º

APRIL 15, 2025

The position includes a substantial proved producing component and multi-year drilling inventory to supplement the firms existing footprint in the area. This landmark transaction marks the largest single acquisition in the companys 45-year history and significantly expands its total Permian Basin holdings. oil and gas properties.

E&P 189

E&P Exploration and Production Energy Energy 189

Oil Gas Leads

MARCH 17, 2025

Detailed list of drilling rigs and Operators that spud wells in the Permian basin last 30 days. Region The state or geographic region of the rig (e.g., County The specific county where the rig is located. State/Province The state where the drilling is taking place (e.g., The report is updated weekly.

Basin 52

Basin Drilling rig Spud-in Field 52

Oil Gas Leads

MAY 10, 2025

Ensign T138 The Ensign T138 drilling rig is part of Ensign Energy Services’ fleet, a company renowned for its advanced drilling technologies and global operations. Ensign T138: Operational Highlights Drilling Activity : In 2024, Ensign T138 drilled 25 wells for Diamondback Energy, primarily in Martin County, Texas.

Basin 52

Basin Drilling rig Sidetracking Operator 52

Permian Basin Oil and Gas Magazine

APRIL 18, 2025

said this week it acquired 20,000 net acres in Reeves and Ward counties in Permian Basin for $390 million from an undisclosed seller. Energy Development said the deal includes a proved producing component and expands the companys Permian holdings while increasing its multi-bench, multi-year drilling inventory. Fort Worth-based U.S.

Drilling rig 95

Drilling rig Energy Energy Basin 95

Permian Basin Oil and Gas Magazine

MARCH 4, 2025

The count of active drilling rigs in U.S. There were 593 rigs in U.S. (up Permian Basin reported 305 rigs (up 1 in past week, down 10 in past year). Texas was the only major producing state to report additional rigs last week up 2 to 282 in past week, down 17 from 299 year ago. 28 from Baker Hughes.

Basin 59

Basin Drilling rig Oil Gas 59

Permian Basin Oil and Gas Magazine

MAY 6, 2025

Counts of active drilling rigs in Texas and Permian Basin from Baker Hughes continue to fall. As of May 2, there were 287 rigs in Permian Basin (down 2 from 289 last week, down 29 from 316 year ago) and 271 in Texas (down 3 from 274 last week, down 21 from 292 year ago).

Basin 52

Basin Drilling rig Oil Gas 52

Permian Basin Oil and Gas Magazine

MARCH 18, 2025

Rig count in Permian Basin declined for the second straight week, according to the weekly report of March 14 from Baker Hughes. There were 301 active drilling rigs in Permian Basin down 3 from the previous week and down 4 from the 2025 high of 305 on Feb. leads with 50 (down 1) followed by Eddy, N.M.,

Basin 52

Basin Drilling rig Oil Gas 52

Permian Basin Oil and Gas Magazine

MAY 30, 2025

Oil majors ExxonMobil and Occidental Petroleum are the top operators in Permian Basin, according to a report May 27 from Enverus. The report said as of May 23 the latest weekly averages of active drilling rigs were 35.0 The post ExxonMobil leads in rig count in U.S. for ExxonMobil and 22.1 for Occidental. Across the U.S.,

Drilling rig 69

Drilling rig Basin Operator Petroleum 69

Permian Basin Oil and Gas Magazine

MARCH 4, 2025

Denver-based Civitas Resources said last week it expanded its Permian Basin position with the purchase of operated assets in Howard, Glasscock and Upton counties in Midland Basin. Civitas said slightly more than half of total capital investments will be allocated to Permian Basin with the remainder to DJ Basin.

Basin 52

Basin Drilling rig Barrel Completion 52

Oil & Gas 360º

APRIL 2, 2025

The first well was spud on April 1, 2025, utilizing Precision E-Drilling Rig 461, as part of the Companys continued strategy to expand production and enhance operational efficiencies in the Denver-Julesburg (DJ) Basin. We remain committed to disciplined capital deployment and maximizing shareholder value. Prairie Operating Co.

Operator 130

Operator Hydraulic Fracturing Spud-in Natural Gas 130

Permian Basin Oil and Gas Magazine

MAY 13, 2025

Baker Hughes weekly report of May 9 included an increase in the count of active drilling rigs in Texas for the first time since February. There were 273 rigs in Texas compared to 271 the previous week and 289 a year ago. Leading Permian Basin counties Eddy (down 1 to 50) and Lea (down 3 to 43) in New Mexico both declined.

Drilling rig 52

Drilling rig Basin Oil Gas 52

Permian Basin Oil and Gas Magazine

APRIL 25, 2025

EIA said April 16 most of the growth came from Permian Basin. Permian averaged 308 active drilling rigs in 2024 to account for more than half the rigs in operation (26 fewer rigs than in 2023). Even with the lower rig count, Permian production grew because well productivity improved. crude oil production.

Crude Oil 59

Crude Oil Oil Drilling rig Basin 59

Permian Basin Oil and Gas Magazine

APRIL 29, 2025

No new drilling activity was reported last week in Permian Basin, Texas and New Mexico, Baker Hughes said in its weekly report of April 25. count of active drilling rigs grew by 2 in the past week to 587 (613 year ago). Only Oklahoma (2) and California (1) reported new rigs last week.

Drilling rig 52

Drilling rig Basin Oil Gas 52

Permian Basin Oil and Gas Magazine

APRIL 15, 2025

The counts of active oil and gas drilling rigs in Permian Basin, Texas, New Mexico and U.S. It was the sixth straight week of decline in Permian Basin, which reported 289 rigs (down 5 from 294 a week earlier, down 27 from 316 a year earlier). The post Rigs counts down in Permian, Texas, New Mexico, U.S.;

Drilling rig 52

Drilling rig Basin Oil Gas 52

Permian Basin Oil and Gas Magazine

MARCH 24, 2025

The award, which is the highest honor conferred by the PBPA each year, is given to acknowledge the tremendous contributions individuals have given to the oil and gas industry and the communities of the Permian Basin. Summit runs two-to-three drilling rigs and has a capital budget of about $250 million.

Petroleum 59

Petroleum Basin Drilling rig Oil 59

Oil Gas Leads

MAY 7, 2025

Lets break down what Devon said and did across drilling , efficiency , and regional execution. Devon Drilling Activity by State (Q1 2024 vs Q1 2025) Drilling shifted significantly across Devons asset base. per Boe, total production cost at $12.42

Drilling rig 52

Drilling rig Energy Energy Engineer 52

Permian Basin Oil and Gas Magazine

APRIL 1, 2025

Count of active drilling rigs fell for the fourth straight week in Permian Basin, according to Baker Hughes in its weekly report of March 28. There were 297 rigs in Permian down from 300 the previous week and down from 316 a year ago.

Drilling rig 52

Drilling rig Basin Oil Gas 52

Permian Basin Oil and Gas Magazine

APRIL 1, 2025

1) The number of drilled uncompleted wells (DUCs) in the last year fell faster than the drop in drilling rigs, indicated the backlog of such wells is declining. 2) The Midland Basin depleted its inventory of excess DUCs the most over the past year, falling from two months to one. (3)

Drilling rig 52

Drilling rig Basin Operator Gas 52

Oil Gas Leads

MAY 7, 2025

” Tom Jorden, CEO Drilling, Rigs & Completions Permian activity will be lowered from 10 rigs to 7 in the second half of 2025 (30% drop). . “As our industry faces macroeconomic uncertainty and oil price headwinds, we believe it is prudent to reduce oil-directed activity at this time.”

Basin 52

Basin Energy Energy Oil 52

Oil Gas Leads

MARCH 15, 2025

Cactus Drilling remains one of the most active drilling contractors in the U.S., playing a crucial role in oil and gas development across key basins. As of this year, a total of 120 wells have been drilled by Cactus rigs, demonstrating strong industry demand and continued investment in drilling operations.

Basin 52

Basin Utilities Operator Exploration and Production 52

Oil Gas Leads

APRIL 21, 2025

Rig Activity: AKITA and Precision Lead The top-performing rig for Q1 2025 was AKITA 28 , logging 19 records , up from 12 in Q1 2024. Precision Drilling rigs also remained active, with Precision 300 and Precision 153 contributing 15 and 12 records , respectively.

Field 52

Field Basin Operator Oil 52

Oil Gas Leads

MARCH 15, 2025

Heres a look at the top-performing rigs: Patterson 345 9 wells Patterson 563 8 wells Patterson 572 8 wells Patterson 814 8 wells Patterson 876 7 wells Patterson 806 7 wells Patterson 812 7 wells Patterson 273 7 wells Patterson 247 6 wells Patterson 565 6 wells Conclusion Patterson Drilling continues to play a vital role in U.S.

Drilling rig 52

Drilling rig Oil Basin Operator 52

Oil Gas Leads

APRIL 29, 2025

Quarterly Drilling Activity Comparison Q1 2024 Activity Count: 52 wells Q1 2025 Activity Count: 56 wells Year-over-Year Change: +7.7% increase This uptick suggests a slight recovery in drilling confidence, despite a softer commodity price environment.

Oil 52

Oil Exploration and Production Drilling rig Consulting 52

Oil Gas Leads

MARCH 11, 2025

For instance, one rig might report, TOOH f/xxx to BHA, while another writes, TOOH for DTF f/xxx. These inconsistencies make it difficult to compare performance across different wells and rigs. Without a standardized format for trips, drilling, rig moves, and downtime, cross-referencing and troubleshooting issues become much harder.

Gas 52

Gas Oil Operator Basin 52

Oil Gas Leads

APRIL 24, 2025

Rig Count: Holding Steady in the U.S. The company operated an average of 106 drilling rigs in the U.S. ” The strategy supports both emissions reduction and cost efficiency , aligning with increased demand for LNG-linked completions in gas basins like the Haynesville.

Natural Gas 52

Natural Gas Gas Completion Rig Operator 52

Aresco

OCTOBER 25, 2023

Key Processes: Exploration, reservoir analysis, drilling, well completion, and production. Assets: Upstream assets include oil and gas fields (land and mineral rights), drilling rigs, production platforms, and wells.

Downstream 52

Downstream Midstream Upstream Exploration and Production 52

Oil Gas Leads

MARCH 24, 2025

Regional drilling activity remains mixed, with the Permian Basin and Eagle Ford experiencing slight declines, while other areas such as Oklahoma and Louisiana are showing growth. Overall Rig Count : The total number of active drilling rigs in the U.S. Oil Rigs : Fell by 1 to 486 this week.

Engineer 52

Engineer Engineering Barrel Consulting 52

Permian Basin Oil and Gas Magazine

MAY 19, 2025

The Permian Basin is a hotbed of activity, always answering a relentless demand for output, and as experts look ahead, the infrastructure needed to accommodate surging output comes squarely into focus. He says the Permian Basin region has seen a couple of gigawatts of average growth.

Basin 59

Basin Natural Gas Gas Operator 59

Oil & Gas 360º

MAY 13, 2025

The company said last week that it discovered excellent quality oil at the Aram block in the deep-water Santos Basin. It also resumed onshore exploration in Brazils Bahia state after a six-year halt, with plans to drill 100 wells over the next five years.

Oil 130

Oil Exploration and Production Offshore Drilling rig 130

Permian Basin Oil and Gas Magazine

MAY 5, 2025

Geographically, the New Mexico side of the Permian Basin seems smallonly five of the regions 54 counties are there. But those fivemainly Lea and Eddyaccount for 29 percent of the Basins total production, according to figures from the U.S. Energy Information Administration (EIA). You just hit it with the stick and candy falls out of it.

Basin 59

Basin Oil Gas IT 59