Drilling rig Magazine Petroleum 
Permian Basin Oil and Gas Magazine
JULY 11, 2025
operators to report an increase in active drilling rigs in the past year, according to Enverus’ latest Drill Down Report. ExxonMobil reported 39 working rigs as of July 4 (weekly average of 36.9 for an increase of 1 rig from 35.9 Occidental Petroleum reported 28 rigs (weekly average of 27.0
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.,
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Permian Basin Oil and Gas Magazine
APRIL 25, 2025
million b/d, according to the latest Petroleum Supply Monthly from U.S. 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.
Permian Basin Oil and Gas Magazine
MARCH 24, 2025
Dennis Johnsonfounder, chairman, and CEO of Summit Petroleum LLCis someone who fits that description. He founded Summit Petroleum with his son Matt in 2007 and oversaw planning and development of the familys recently completed Summit Center, a 20-acre office/retail/park complex in north Midland.
Permian Basin Oil and Gas Magazine
MAY 19, 2025
Besides the need for more juice to drive drilling activity (yes, Im talking about electricity powered drilling rigs), electrification of completion, production, compression, and transport operations is also growing the increasing power demand in the region. Experts are scrambling to determine how to deliver that power.
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