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

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

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

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

Oil & Gas 360º

APRIL 2, 2025

(Oil & Gas 360) –HOUSTON, TX, April 02, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. 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.

Operator 130

Operator Hydraulic Fracturing Spud-in Natural Gas 130

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 Completion Barrel 52

Permian Basin Oil and Gas Magazine

JUNE 3, 2025

Counts of active drilling rigs in Permian Basin and U.S. In the weekly report of May 30, there were 278 rigs in Permian Basin (down 1 from 279 one week earlier, down 32 from 310 a year earlier) and 563 in U.S. The post Permian rig count falls to 278; U.S. dips to 563; Eddy County, N.M.,

Drilling rig 52

Drilling rig Basin Oil Gas 52

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 Drilling rig Oil 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

Rextag

JUNE 2, 2025

A Multi-Pronged Strategy to Sustain Growth Beyond Tight Oils Crown Jewel The transformation of the United States into a global energy powerhouse over the past two decades is inseparable from the fracking-led renaissance of the Permian Basin. Although the pace of growth is clearly slowing, the basin still offers significant upside potential.

Basin 40

Basin Exploration and Production Oil Condensate 40

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

” Tom Jorden, CEO Drilling, Rigs & Completions Permian activity will be lowered from 10 rigs to 7 in the second half of 2025 (30% drop). Two Marcellus rigs were added in April, focused on natural gas. Capital investment in the Permian will be cut by $150 million.

Basin 52

Basin Energy Energy Oil 52

Oil Gas Leads

APRIL 24, 2025

Patterson-UTI Energy (NASDAQ: PTEN) kicked off 2025 with a steady operational performance, a strategic focus on natural gas, and an unwavering commitment to drilling innovation. Rig Count: Holding Steady in the U.S. The company operated an average of 106 drilling rigs in the U.S. billion in Q1 2024. energy sector.

Natural Gas 52

Natural Gas Gas Completion Rig Operator 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

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

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. 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.

Drilling rig 52

Drilling rig Basin Operator Gas 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

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

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

Below, we break down key insights from the data, including activity by province, the most active operators, counties with the highest drilling rates, and the top-performing rigs. oil and gas development, with its strongest presence in the Permian, Williston, and Appalachian basins.

Drilling rig 52

Drilling rig Oil Basin Operator 52

Aresco

OCTOBER 25, 2023

Upstream Midstream Downstream are terms commonly used in the oil and gas industry to describe different stages of the production and distribution process. Each sector has distinct activities and focuses on specific aspects of the overall oil and gas supply chain. What is oil and gas upstream midstream downstream?

Downstream 52

Downstream Midstream Upstream Exploration and Production 52

Oil Gas Leads

MARCH 24, 2025

oil and natural gas rig count experienced its first increase in three weeks, according to the latest Baker Hughes report released on March 21, 2025. The report shows a modest rise of one active rig, bringing the total count to 593. Despite the gradual decline in rig counts over the past two years, the U.S. bcfd in 2024.

Engineer 52

Engineer Engineering Barrel Consulting 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

Permian Basin Oil and Gas Magazine

MAY 19, 2025

There is a new sheriff in the White House, and with his administration embracing the oil and gas industry, excitement and relief has permeated throughout. Enverus is an information technology company that provides analytics, insights, and technology to the oil and gas industry.

Basin 59

Basin Natural Gas Gas Operator 59

Oil & Gas 360º

MAY 13, 2025

Petrobras is seeking to replenish oil and gas reserves to avoid a production decline that is expected to start around 2030. The company said last week that it discovered excellent quality oil at the Aram block in the deep-water Santos Basin.

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. Overall oil and gas output in Texas is about three times that of New Mexico, said the Fed.

Basin 59

Basin Oil Gas IT 59