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).
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From January to June 2025, new well permits in the Permian totaled approximately 3,828, based on daily activity and forecasted June completions. That’s a 15.9% decline compared to the same period in 2024, which recorded 4,551 permits..
From January to June 2025, new well permits in the Permian totaled approximately 3,828, based on daily activity and forecasted June completions. That’s a 15.9% decline compared to the same period in 2024, which recorded 4,551 permits..
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. .
From January to June 2025, new well permits in the Permian totaled approximately 3,828, based on daily activity and forecasted June completions. That’s a 15.9% decline compared to the same period in 2024, which recorded 4,551 permits. This drop suggests a softening of drilling appetite, especially. .
Count of active drilling rigs in U.S. continued its decline, but the count in Permian Basin remained at 304 for the seventh straight week. The last gain in the U.S. count was Dec. 6, 2024 (the only weekly gain since Oct. 11, 2024). Baker Hughes said as of Jan. 17 there were 580 rigs in U.S. (down 4.
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Land rigs are generally either wheel-mounted portable types or a component system that must be moved by trucks and cranes. The drilling floor generally sits on top of a steel substructure that could be 30 feet high or more. A drilling mast (derrick) is attached to and raised above the floor. In general, the deeper. .
One of the Oil Rig Hazards types is the hostile environment. The effects of greater water depths, storms, wave action, and uncertain exploratory data all greatly increase the financial. .
Drill ships are ships specially built and modified to drill in deep water or in operations that are not suitable for semi-submersible rigs. Drill ships are self-propelled and can. .
This article lists the main components of a onshore . rigs have similar elements, but are configured with a number of different drilling systems to suit drilling in the marine environment. The equipment associated with a rig is to some extent dependent on the type of rig but typically includes at least some of the items listed below.
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