Basin, Engineer and Technician

Oil Rigs Down, Gas Rigs Up – Weekly Drilling Snapshot – Baker Hughes

Oil Gas Leads

JUNE 9, 2025

Several major basins, including the Permian and Eagle Ford, recorded new lows. According to the latest Baker Hughes report, the total number of active rigs fell by 4 to 559, the lowest level since November 2021. Oil rigs drove the decline with a loss of 9, while gas rigs rebounded with a gain of 5. Here is a summary of the U.S.

Gas

Gas Oil Engineer Engineering

Vaquero Midstream Expands Delaware Basin Footprint with New Pipeline Loop and Cryogenic Plant

Oil Gas Leads

APRIL 30, 2025

Vaquero Midstream is ramping up its capabilities in the Southern Delaware Basin with two major infrastructure projects: a new 70-mile, 24-inch high-pressure pipeline loop and a 200 MMcf/d cryogenic processing plant near the Waha Hub.

Midstream

Midstream Pipeline Basin Engineer

ExxonMobil’s Permian Basin Strategy: How Technology is Driving Efficiency and Growth

Oil Gas Leads

MARCH 14, 2025

CERAWeek 2025 Insights ExxonMobils expansion in the Permian Basin took center stage during CERAWeek 2025 , where executives highlighted how technology is reshaping operations to maximize efficiency and production. million barrels per day (bpd) accounting for over 16% of the basins total production. energy production, contributing 6.26.3

Basin

Basin Sustainability Sustainable Technician

Largest Weekly Oil Rig Drop Since 2023 – Baker Hughes

Oil Gas Leads

APRIL 14, 2025

The Permian Basin is seeing output contraction and rig pullback despite being the top U.S. million bpd ( from 6.57 million bpd in March) Macro Commentary This marks the third consecutive weekly decline in rig activity, driven by oil price pressures and a strategic shift by operators toward shareholder returns over production growth.

Oil

Oil Engineer Engineering Consulting

Permian Activity Drops to 2-Year Low – Baker Hughes

Oil Gas Leads

APRIL 7, 2025

The Permian Basin, in particular, saw a notable drop, reaching its lowest rig total since February 2022. While Oklahoma, New Mexico, and several other key states held steady in drilling activity, the national rig count dipped againdriven largely by a sharp decline in natural gas rigs.

Basin

Basin Engineer Engineering Consulting

US Rig Count Steady at 592, Oil Up 1, Gas Down 1 – Baker Hughes

Oil Gas Leads

MARCH 17, 2025

crude production to hit record highs for the next two years before plateauing later in the decade.

Gas

Gas Oil Engineer Engineering

Rig Activity Down, Production Up – May Rig Count Recap – Baker Hughes

Oil Gas Leads

MAY 19, 2025

Rig Count Drops Again But Production Still Forecast to Rise For the week ending May 16: U.S. bpd in 2024 to 13.4M bpd in 2025 Gas production: Expected to increase to 104.9 bpd in 2024 to 13.4M bpd in 2025 Gas production: Expected to increase to 104.9 bpd in 2024 to 13.4M bpd in 2025 Gas production: Expected to increase to 104.9

Engineer

Engineer Engineering Consulting Technician

U.S. Rig Count Rises – Baker Hughes

Oil Gas Leads

MARCH 31, 2025

Overall Rig Count : Total U.S. rig count held relatively steady this week, with only a modest overall decline. Rig Count Rises Baker Hughes appeared first on Oil Gas Leads.

Engineer

Engineer Engineering Consulting Technician

Devon Energy Q1 2025 Drilling Review: Rig Count, Efficiency, and Regional Shifts

Oil Gas Leads

MAY 7, 2025

What Devon Said About Drilling, Rigs, and Completions Devons capital activity in the first quarter averaged 23 operated drilling rigs and 6 completion crews… 136 gross operated wells were placed online, with an average lateral length of 10,700 feet. per Boe, total production cost at $12.42

Drilling rig

Drilling rig Energy Energy Engineer

U.S. Rig Count Rises for Second Consecutive Week – Baker Hughes

Oil Gas Leads

APRIL 28, 2025

Texas and New Mexico, the largest basins, remain flat week-over-week. Broader rig activity remains soft overall , signaling cautious capital spending amid uncertain commodity prices and tariffs.

Engineer

Engineer Engineering Consulting Oil

U.S. Rig Count Rises – Baker Hughes

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. Regional Breakdown : Permian Basin : Declined by 1 rig to 300, down by 15 rigs compared to last year. Natural gas output is forecasted to reach 105.2

Engineer

Engineer Engineering Consulting Barrel

U.S. Rig Count Dips Slightly After Five-Week Streak – Baker Hughes

Oil Gas Leads

MARCH 10, 2025

Gas drilling activity could increase in response to a projected rise in gas prices, potentially benefiting gas-heavy basins like the Marcellus and Haynesville. Key Takeaways The rig count decline is modest , suggesting a more stable period after recent additions.

Engineer

Engineer Engineering Consulting Gas

Taking Carbon Captive

Permian Basin Oil and Gas Magazine

MAY 12, 2025

A third issue for him is that, in basins like the Permian, CCUS projects inject into oil formations that are no longer viable for productionat least, not with todays technology and pricing. The post Taking Carbon Captive appeared first on Permian Basin Oil and Gas Magazine. That reduces your risk greatly if you do that.

Casing

Casing Abandonment Oil IT

U.S. Rig Count Slides Again Amid Price Volatility – Baker Hughes

Oil Gas Leads

MAY 5, 2025

The Permian Basin , the largest shale oil-producing region, lost two rigsbringing the total to 287, the lowest since December 2021. This puts the national rig count down 3% year-over-year and reflects a broader trend of moderated drilling activity. Key Takeaways: Oil rigs dropped by four to 479, while gas rigs edged up by two to 101.

Engineer

Engineer Engineering Consulting Technician

Energy Aggregated

Oil Rigs Down, Gas Rigs Up – Weekly Drilling Snapshot – Baker Hughes

Vaquero Midstream Expands Delaware Basin Footprint with New Pipeline Loop and Cryogenic Plant

Trending Sources

ExxonMobil’s Permian Basin Strategy: How Technology is Driving Efficiency and Growth

Largest Weekly Oil Rig Drop Since 2023 – Baker Hughes

Permian Activity Drops to 2-Year Low – Baker Hughes

US Rig Count Steady at 592, Oil Up 1, Gas Down 1 – Baker Hughes

Rig Activity Down, Production Up – May Rig Count Recap – Baker Hughes

U.S. Rig Count Rises – Baker Hughes

Devon Energy Q1 2025 Drilling Review: Rig Count, Efficiency, and Regional Shifts

U.S. Rig Count Rises for Second Consecutive Week – Baker Hughes

U.S. Rig Count Rises – Baker Hughes

U.S. Rig Count Dips Slightly After Five-Week Streak – Baker Hughes

Taking Carbon Captive

U.S. Rig Count Slides Again Amid Price Volatility – Baker Hughes

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