Permian basin drilling rig count

Permian Region Rig Count is at a current level of 317, up from 315 last month and down from 356 one year ago. This is a change of 0.63% from last month and -10.96% from one year ago. View monthly updates and historical trends for Permian Region Rig Count (DISCONTINUED). [pdf]

Down-the-hole drilling rig well completion technology

DTH technique was used in well drilling exclusively to dig, accurate, vertical bores, and rotary drilling was used to turn the hole. The Directional DTH system, patented by Atlas Copco, was first used successfully in 2012 by drilling crews in the Marcellus Shale region of the United States to steer percussive drilling.. . The DTH system is easy and quick to adapt to a directional drill and is considered one of the best and most effective methods to drill high-quality holes that are stable and straight. It can be done on both hard and soft rock and is extensively used in. . The DTH method is the most productive and cost-effective method. It is environmentally friendly, as it produces lesser noise and. . Below are few of the many benefits associated with DTH drilling: 1. The DTH system is easily adaptable to most directional drills in a short period of time. 2. Lower operating. This method utilizes a unique hammer drilling system where the percussion mechanism is located directly behind the drill bit at the bottom of the hole. The system consists of three main components: a drill bit, a hammer mechanism, and drill pipes. [pdf]

Permian drill rig count dropping 8 2019

The U.S. has lost 95 rigs since starting 2019 with 1,083 (8.8 percent), and Permian Basin has lost 29 rigs since starting 2019 with 486 (6.0 percent). Texas added a rig in the past week to reach 485, but the state is down 47 rigs since starting 2019 with 532 (8.8 percent).. The U.S. has lost 95 rigs since starting 2019 with 1,083 (8.8 percent), and Permian Basin has lost 29 rigs since starting 2019 with 486 (6.0 percent). Texas added a rig in the past week to reach 485, but the state is down 47 rigs since starting 2019 with 532 (8.8 percent).. The count of active oil and gas drilling rigs has declined five straight weeks in the U.S. and four straight weeks in the Permian Basin as of May 10 as the 2019 slump for activity continues, according to Baker Hughes. The count was 988 (fewest since March 2018) in the U.S. – the third straight week. . Rig counts are plunging in the Permian Basin and fewer energy companies are looking to drill in Texas, yet another sign that the global coronavirus pandemic is taking a heavy toll on the Lone Star State’s vital oil and natural gas industry. According to Baker Hughes, the nationwide rig count fell. . Permian Basin and Texas continued their declines in count of active drilling rigs. 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 week, down 31 or 11 percent from 273 a year. [pdf]