Permian Basin Oil and Gas Magazine

MARCH 25, 2025

Count of active drilling rigs decreased for the third straight week in Permian Basin, according to the weekly report of March 21 from Baker Hughes. There were 300 rigs in Permian Basin down 1 from 301 the previous week and down 15 from 315 year ago.

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Permian Basin Oil and Gas Magazine

MAY 27, 2025

with declining counts of active oil and gas drilling rigs. Baker Hughes said in its report of May 23 there were 279 rigs in Permian Basin down 3 from 282 in the past week and down 33 or 11 percent from 312 a year ago. 3 among states with 53 rigs (down 2) followed by Louisiana and North Dakota each with 30.

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Permian Basin Oil and Gas Magazine

JUNE 17, 2025

Counts of active drilling rigs declined for the seventh consecutive week in U.S. There were 273 rigs in Permian (down 2 from 275 week ago, down 36 or 12 percent from 309 year ago) and 555 in U.S. The post Rig counts in U.S., and Permian Basin, according to June 13 report from Baker Hughes.

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Permian Basin Oil and Gas Magazine

APRIL 18, 2025

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. USEDC plans to run a dedicated drilling rig on the new assets. The post U.S.

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Permian Basin Oil and Gas Magazine

JUNE 10, 2025

Count of active drilling rigs in U.S. There were 559 rigs in U.S. rig count from 587. It’s the lowest rig count since November 2021. The last reports by Baker Hughes of additional rigs were Feb. declined for the sixth straight week as of June 6, according to the latest weekly report from Baker Hughes.

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Permian Basin Oil and Gas Magazine

MAY 30, 2025

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. and Permian, Permian tops in frac crews appeared first on Permian Basin Oil and Gas Magazine. for ExxonMobil and 22.1 for Occidental. EOG Resources with 15.1, Across the U.S.,

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Permian Basin Oil and Gas Magazine

MAY 20, 2025

The count of active drilling rigs in Permian Basin declined again for the past week, according to Baker Hughes. In the report for May 16, there were 282 rigs in Permian down 3 from 285 a week ago and down 30 from 312 a year ago. Its Permians lowest count for 42 months since November 2021.

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Oilfield Technology

JUNE 26, 2025

To resolve these application challenges, the Oil States MPD Integrated Riser Joint (IRJ) system enables efficient wellbore pressure control and flow management while also improving the safe handling of gas influx. Please sign in or register for free. Already a member?

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Permian Basin Oil and Gas Magazine

APRIL 25, 2025

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. million b/d appeared first on Permian Basin Oil and Gas Magazine. million b/d.

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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. The post U.S.

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Permian Basin Oil and Gas Magazine

MARCH 4, 2025

Civitas plans to run five drilling rigs and two completion crews in Permian Basin. The post Civitas expands Permian position with new assets in Howard, Glasscock, Upton appeared first on Permian Basin Oil and Gas Magazine. Forty percent of Permian activity is planned in Delaware Basin.

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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.

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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.;

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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. 584 previous week, 603 year ago).

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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. down 3 from 566 one week earlier, down 37 from 600 a year ago).

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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. 3) A few gas producers bucked the industry trend and managed to increase total DUC inventories by more than one month since last year. (4)

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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).

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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.

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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. A year ago, there were 294 rigs in Texas and 107 in New Mexico.

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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.

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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.

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Permian Basin Oil and Gas Magazine

MAY 5, 2025

The San Juan is mainly known for its natural gas output, accounting for 67 percent of the states production of that hydrocarbon. Mineralanswers.com reports that between 1973 and January of 2025, 116,888 oil and gas wells had been drilled in the state to arrive at that production. million barrels per day in Texas.

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