Drilling rigs permian

Permian Basin adds one rig, following national trend

The number of rigs seeking crude oil rose by five rigs to 482, the highest level since mid-October but still 21 rigs below the 503 rigs drilling for

Permian Basin sees continued drop in oil and gas rigs in 2025

An aerial shot of gas wells near Pyote in the Permian Basin. U.S. oil and gas drilling rigs hit their lowest count since 2021, with declines in major basins and continued

Permian, Texas rig counts continue decline to lowest since

Baker Hughes said as of Aug. 15 there were 255 rigs in Permian (down 1 in the past week, down 48 or 16 percent from 303 a year ago) and 242 rigs in Texas (down 1 in past

United States Oil and Gas Drilling and Fracking Activity

The following panel contains an interactive 3D map of USA oil and gas well drilling activity. To use the portal capability of this map in order call-up historical rig count charts and current drilling

Permian Operators Unlock Efficiency Gains And

As of late September, the Permian Basin accounts for half the rigs active in the United States. Stacked plays, established infrastructure and skilled workers

Permian Basin drilling activity falls to a three-year low

Drilling activity slipped for the first time in three weeks. Meanwhile Permian Basin drilling activity fell to a three-year low. Oilfield services firm

Top 15 Operators in the Permian Basin by Wells Drilled in 2024

Below is a summary of the top 15 operators in the Permian Basin by wells drilled in 2024, comparing their activity levels with 2023 to showcase trends and changes across the

The transformation of drilling & completions in the Permian Basin

The oil & gas industry is navigating a period of transformation. While drilling activity has declined, production efficiency has reached unprecedented levels. Companies are

Operators Test New Concepts, Redefine Best Drilling

6 days ago· The Permian Basin''s stacked pays and favorable economics make it the choicest real estate in the world for developing oil-rich horizontal resource

How technology unlocked the permian basin''s potential

Advancements in technology helped teams like Champenoy''s overcome obstacles and transform production in the Permian Basin. These innovative techniques included: Horizontal drilling,

Robinson Drilling

Robinson Drilling is a customer-focused contract driller. Decades of experience on footage, turnkey and day rate drilling contracts has instilled into our company DNA an efficiency of

ExxonMobil leads U.S., Permian Basin in count of active drilling rigs

ExxonMobil continues to lead the U.S. and Permian Basin in counts of active oil and gas drilling rigs, according to a report from Enverus this week. As of Jan. 17, the latest

Sendero Solutions | Drilling, Well Services, ESG | Oil

Sendero: Drilling provides reliable, efficient land drilling services designed to meet the most complex operational demands in the Permian Basin and beyond. Our

Permian Basin rig count falls to three-year low

Overall drilling activity slipped for a second consecutive week while the number of rigs drilling for oil hit an 11-month high. Oilfield services firm

Permian production forecast growth driven by well productivity

In order to better capture drilling activity in several onshore U.S. regions, our STEO now makes use of multiple drilling productivity metrics. The number of active rigs is the

ExxonMobil leads U.S. and Permian Basin in drilling rig count

According to a report this week from Enverus, ExxonMobil remains the leading operator of oil and gas drilling rigs in U.S. and Permian Basin. As of Jan. 3, the latest weekly

US drilling activity rises, led by Permian Basin surge

Drilling activity surged in the last week of January, led in large part by activity in the Permian Basin. Oilfield services firm Baker Hughes said Friday its weekly U.S. rig count rose

Drilling Productivity Report

The Drilling Productivity Report (DPR) rig productivity metric new-well oil/natural gas production per rig can become unstable during periods of rapid decreases or increases in the number of

Permian Basin count down 11 percent in past year to 279 active drilling

Permian Basin is following trends in Texas, New Mexico and U.S. with declining counts of active oil and gas drilling rigs. Baker Hughes said in its report of May 23 there were

U.S. crude oil production rose by 2% in 2024

The Permian region averaged 308 active drilling rigs in 2024, accounting for more than half of the rigs in operation last year but 26 fewer

Permian Basin

The Permian Basin is one of the oldest and most widely recognized oil and gas producing regions in the U.S. The Permian Basin covers approximately 86,000 square miles and encompasses

Drilling rigs permian

6 FAQs about [Drilling rigs permian]

How many rigs are in the Permian Basin?

The Permian Basin overall was down a rig for its total of 317, down 44 rigs from its total of 361 a year ago. The Permian was followed by the Eagle Ford Basin in southern Texas with 55 rigs, read the report. The Haynesville Shale in the southeast U.S. was tied with the Williston Basin in North Dakota for the third-highest rig count at 34 rigs.

Does the Permian region have more oil rigs?

U.S. crude oil and natural gas production has been increasing despite a decline in the number of active rigs since late 2022. Since early 2023, the Permian region has had more active rigs than the rest of the Lower 48 states and has continued to complete hundreds of wells (or prepare them for production) each month.

Are new wells being drilled faster in the Permian?

This trend suggests that as wells are completed in the Permian (removed from the DUC inventory), new wells are being drilled (added to the DUC inventory) at a faster pace than in other regions. U.S. crude oil and natural gas production has been increasing despite a decline in the number of active rigs since late 2022.

Is the Permian a good place to drill a well?

Growing well productivity suggests that operators in the Permian are successfully implementing more advanced drilling and completion techniques, including longer lateral lengths, optimized well spacing, and enhanced fracturing designs.

Why is the Permian Basin a critical area for oil production?

The Permian Basin remains a critical area for U.S. oil production, with a dynamic landscape of operators adjusting their strategies in response to evolving market conditions. While some operators scaled back their drilling activity, others ramped up their efforts, highlighting the diverse approaches within the industry.

How many rigs did the Permian rig in 2023?

Texas and New Mexico were followed by Louisiana with 40 rigs, the third-highest in the U.S. and Oklahoma which reported 35 rigs as of June 21, records show. Basin-wide, the Permian dropped a rig for a total of 308, about 33 rigs less than its total of 341 rigs reported on the same date in 2023, records show.

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