Basin Offshore Technician 
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
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.
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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.
Oil Gas Leads
MARCH 17, 2025
crude production to hit record highs for the next two years before plateauing later in the decade.
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
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.
Oil Gas Leads
APRIL 28, 2025
Texas and New Mexico, the largest basins, remain flat week-over-week. Key Takeaways This week marks the second week in a row of rig count growth first time since February 2025. Oklahoma is a bright spot with +10 rigs YoY.
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