West texas rig count. A year ago, 307 rigs were active in the region .


  1. West texas rig count. Alaska remained steady at nine rigs and California continued with a count of seven rigs. Oilfield services firm Baker Hughes said Friday the US rig count it has issued weekly Jun 13, 2023 · Later, as crude oil prices began to increase, averaging $68/b in 2021 and $94/b in 2022, so did the rig count, averaging 240 rigs in 2021 and 335 rigs in 2022. A year ago, 311 rigs were active in the region. Monthly data are averages of 4- or 5-week reporting periods, not calendar months. A year ago, 312 rigs were active in the region Aug 9, 2024 · The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday. SOURCES: Baker Hughes; Energy Information Administration. However, active drilling rigs in the Permian Basin have decreased The North American rig count is released weekly at noon Central Time on the last day of the work week. New Mexico added a rig for 109 rigs. The Permian Basin is one of the oldest and most widely recognized oil and gas producing regions in the U. Fossil fuels production remains an important part of the Texas economy, as improvements in technology have changed how oil and gas is extracted. May 13, 2024 · View monthly updates and historical trends for Permian Region Rig Count (DISCONTINUED). Click "Clear" or deselect to remove filter. The Permian Basin covers approximately 86,000 square miles and encompasses 52 counties in New Mexico and Texas. It is often oversimplified and mischaracterized as a singular play with homogeneous geology and Jun 2, 2023 · Rig count flat; oil prices fall but mining jobs increase The price of West Texas Intermediate (WTI) crude was down 32 percent from its peak in June 2022, averaging $77 per barrel in first quarter 2023 (Chart 1). Jan 4, 2024 · Daily Rig Count The Enverus Drillinginfo Daily Rig Count is the most accurate and up to date rig count in the energy industry! Oct 25, 2024 · The number of rigs seeking crude oil fell by two rigs to 480, 24 fewer than the 504 drilling for oil last year. Jul 2, 2019 · XTO plans to increase total daily production to 1 million oil-equivalent barrels by as early as 2024 from our operations in the Permian Basin in West Texas and New Mexico. Sep 18, 2025 · Track active drilling rigs with Scale Funding. Dec 21, 2024 · Dec. But that shouldn't stop us from using our imaginations! Let's picture a Feb 24, 2024 · Drilling activity perked up across the Permian, Texas and nation, rising for the second time in three weeks. com's graphing tools to compare oil prices, frac spread, production and drilling data per basin or province. Oct 18, 2024 · The rig count in the Permian Basin was unchanged this week, the latest count Friday by Baker Hughes shows, with 304 rigs active in the region. Source: Baker Hughes. Oct 18, 2024 · Drilling activity remains within its narrow band, falling slightly for the fourth time in five weeks. drilling activity increased for the third consecutive week, with Texas adding the most rigs, according to Baker Hughes. 00 per barrel this year and $84. Sep 1, 2025 · Westwood's weekly interactive review of onshore US drilling rig counts by state, basin, county and plays. 7 million barrels per day (b/d) and marketed natural gas production will grow to an average of 114. The Permian Basin, with the highest concentration of drilling rigs in the country, requires substantial amounts of drilling pipe and oil well casing. 80 in ’25. For the May 11, 2024 · Texas saw its rig count fall by three to 289, the lowest level since February 2022 and down 77 rigs from 366 rigs active across the state last year. Note: This table lists initially reported production for both onshore and offshore wells. Starting in 2019, only completions are counted. Starting in February 2020, the international rig count is released on the last working day of the first week of the month. Dec 27, 2024 · The rig count in the Permian Basin was unchanged this week, the latest count Friday by Baker Hughes shows, with 304 rigs active in the region. Monthly Drilling, Completion and Plugging Summaries This compilation includes data regarding the processing of drilling permit applications, completion reports and plugging reports. The U. The total rig count in North America is down 69 rigs from the same time last year. A year ago, 312 rigs were active in the region May 30, 2025 · Baker Hughes said its weekly U. Texas Drilling offers insight into the Texas oil and gas business. Baker Hughes said its US rig count rose for the first time in five weeks. A year ago, 310 rigs were active in the region. 3 days ago · U. Source: Energy Information Administration. As of March 28, there were 290 rigs in Texas, down from 376 in March 2024, according to newly released Baker Hughes data. Track economic data with YCharts analytics. One of the largest oilfield service sectors in West Texas is the drilling service industry. Nov 22, 2013 · According to the Baker Hughes Rig Count, Texas still leads the nation in number of drilling rigs with 821 rigs compared to 176 in its closest U. Completion SolutionsDrill Bit SolutionsDirectional Drilling Services Wellbore Guidance & NavigationElectrical Power Systems and ControlsDesign, Manufacturing & Repair Services Rig Radar Rig availability and current location information. Feb 28, 2025 · US rig count reaches 593, marking the highest level since June, with Texas leading the increase. Mar 22, 2025 · Though it was small, the U. Ohio’s count grew one to 13 rigs w hile Pennsylvania remained at 18. Jul 12, 2024 · The rig count in the Permian Basin was unchanged this week, the latest count Friday by Baker Hughes shows, with 305 rigs active in the region. oil-producing shale formation, the rig count fell by three to 256, the lowest since September 2021. A year ago, 337 rigs were active in the region 4 days ago · Active Well Service Rig Count: Energy Workforce & Technology Council, Houston, TX. Sep 20, 2024 · The rig count gave back some of last week's big gains but Texas and the Permian bucked the downward trend Mar 14, 2025 · The rig count in the Permian Basin was down three this week, the latest count Friday by Baker Hughes shows, with 301 rigs active in the region. The metric does not represent Mar 28, 2025 · The total rig count in the US fell by 1 to 592 rigs, according to Baker Hughes, down 29 from this same time last year. Rig Count current and historical data, updated every Friday. Oil and natural gas drilling rigs are used to identify geologic reservoirs and create holes to extract oil or natural gas from those reservoirs. As the rig count grew, Permian natural gas production rose. A year ago, 311 rigs were active in the region 1 day ago · The rig count in the Permian Basin was down two this week, the latest count Friday by Baker Hughes shows, with 251 rigs active in the region. Oilfield services firm Baker Hughes said Friday its weekly U. Dec 20, 2024 · The rig count in the Permian Basin was unchanged this week, the latest count Friday by Baker Hughes shows, with 304 rigs active in the region. oil and gas drillers are slowing down drilling activities, as evidenced by a consistent decline in active rig counts across major basins in 2024 and 2025. Oct 22, 2024 · Permian Basin Remains Strong Rig Count: 304 (unchanged) Region: West Texas and Southeast New Mexico The Permian Basin, the powerhouse of U. Texas was down slightly, but Midland County held steady. From East to West, the play spans 250 miles and 300 miles from North to South. fell four to 247 this week, the lowest since the oilfield service company began tracking the rig count in the 1940s. Jun 20, 2025 · Permian Basin (West Texas and Eastern New Mexico): Down 1 rig to 269. Get the latest data and trends to make informed decisions in the drilling industry. With 24 fewer rigs active in the region this year, it’s clear that operators are scaling back and prioritizing cost control. 20—The rig count in the Permian Basin was unchanged this week, the latest count Friday by Baker Hughes shows, with 304 rigs active in the region. 1 day ago · A 1-rig gain in the US Gulf of Mexico offset a 1-rig loss on US land. Note that the completion and plugging figures do not reflect counts of wells completed or plugged during the reporting month West Texas Intermediate, the U. 4 days ago · The Red Top Rig Report, published by the Independent Oil and Gas Association in K ansas, showed the Sunflower State’s rig count fell by four, leaving a dozen active rigs. shale slowdown. A year ago, 312 rigs were active in the region. EIA forecasts Brent to average $87. May 14, 2018 · West Texas’ booming Permian Basin led another spike in the number of rigs drilling for oil and gas nationwide. Apr 4, 2025 · In the Permian basin in West Texas and eastern New Mexico, the nation’s biggest oil-producing shale basin, the rig count declined by three rigs, cutting the total count to 294, the lowest since February 2022. rig count declined in 2023, natural gas prices declined, and oil prices held relatively steady. A year ago, 317 rigs were active in the region. rig count was down one rig to 585 for May 2, 2025 · The rig count in the Permian Basin was down two this week, the latest count Friday by Baker Hughes shows, with 287 rigs active in the region. U. The term “rig” generally refers to the equipment used to penetrate the Earth’s crust. Oklahoma’s drillling activity was also fairly unchanged with one rig still in the Ardmore Woodford while the Arkoma Woodford count dropped by one to one rig as well. A year ago, 316 rigs were active in the region. Sep 24, 2024 · The Permian Basin added one rig to reach 307 in the area of west Texas and southeast New Mexico. Most of the forecast growth in oil and natural gas production comes from the Permian region of western Texas and In the Permian Basin in West Texas and eastern New Mexico, the biggest U. rig count fell for a fifth consecutive week to 563 rigs, the lowest level since November 2021. The U. May 9, 2025 · The rig count in the Permian Basin was down two this week, the latest count Friday by Baker Hughes shows, with 285 rigs active in the region. drilling rigs. In our high and low price cases, following the divergence in the WTI price that starts in December 2023, the rig counts begin to diverge four months later, by April 2024. Oilfield services firm Baker Hughes said Friday its U. oil-producing shale formation, the rig count fell by one to 253, the lowest since September 2021. . For the week ending Feb 5, 2021, Texas added an additional 7 rigs to its count. Current Texas oil & gas activity includes production data, producing companies, new drilling permits, mineral values, and more. Land Rig Count in Texas Interactive: Select item (s) to view Rig Count Breakdown. Identify drilling locations and oil wells in Texas and in your area. Nov 22, 2024 · The rig count in the Permian Basin was unchanged this week, the latest count Friday by Baker Hughes shows, with 303 rigs active in the region. A year ago, 313 rigs were active in the region May 30, 2025 · In the Permian Basin in West Texas and eastern New Mexico, the nation's biggest oil-producing shale formation, drillers cut one rig, bringing the total down to 278, the lowest since November 2021. A year ago, 318 rigs were active in the region This guide provides information about the Permian Basin, oil and gas production data, history, top O&G operators, and other facts. The data are extracted by automated systems that monitor the processing of those reports. 3 billion cubic feet per day (Bcf/d) in 2025. Our latest rig count forecast extends from October 2023, when 594 rigs were active. The Permian, the nation’s largest oil-producing basin, continues to see reduced activity, with the current count being the lowest since November 2021. Since 1960, Anderson's New Locations subscribers have discovered they save time and increase profits with our informative reports of rig data, drilling permits, drilling reports and oil well activity in Texas, New Mexico, Oklahoma and Louisiana. Enverus Daily Rig Count is the most accurate and up-to-date oil rig count in the energy industry! Learn more today. The Texas and Permian Basin rig counts were also higher. A year ago, 314 rigs were active in the region. May 15, 2024 · TEXAS, USA — Oil is currently being produced in record numbers in the Permian Basin, but the rig count has decreased by 39 compared to this time last year, according to Baker Hughes. May 23, 2025 · The rig count in the Permian Basin was down three this week, the latest count Friday by Baker Hughes shows, with 279 rigs active in the region. Unfortunately, there isn't a specific count readily available for just West Texas. Dec 6, 2024 · The rig count in the Permian Basin was up one this week, the latest count Friday by Baker Hughes shows, with 304 rigs active in the region. 6 days ago · Historical Crude Oil Production and Well Counts History of Texas Initial Crude Oil, Annual Production and Producing Wells Since 1935. Nov 18, 2024 · The Permian Basin, the nation’s largest play and with the highest number of drilling rigs in action was unchanged with a count of 303 rigs throughout West Texas and southeastern New Mexico. For the month, the rig count was down four after gaining one rig in September. This slowdown is driven by several factors: Lower Oil and Gas Prices: West Texas Intermediate (WTI) crude prices have hovered around $62 per barrel in 2025, close to […] So, how many rigs are we talking about, then? That's the million-dollar question (or should we say, the barrel-of-oil question?) As of today (May 3rd, 2024, for those record-keepers out there), the total rig count in Texas sits around 296. Aug 8, 2025 · In the Permian basin in West Texas and eastern New Mexico, the biggest U. Apr 5, 2024 · The Investor Relations website contains information about Baker Hughes Rig Count's business for stockholders, potential investors, and financial analysts. Jan 31, 2025 · The rig count in the Permian Basin was up five this week, the latest count Friday by Baker Hughes shows, with 303 rigs active in the region. Explore now Investors Investor OverviewNewsEvents Jul 23, 2024 · The rig count will likely keep edging downwards, from 309 today to fewer than 300 by the end of 2026. The total rig count rose by 2 to 588 this Aug 21, 2024 · In our latest Short-Term Energy Outlook (STEO), we forecast that crude oil production in the United States will grow to an average of 13. Published data are rounded to the nearest whole number. Wells drilled in years before 2019 are oil and gas well completions and dry holes drilled/plugged. Sep 27, 2024 · The Investor Relations website contains information about Baker Hughes Rig Count's business for stockholders, potential investors, and financial analysts. A year ago, 320 rigs were active in the region. Track economic data wit… May 30, 2025 · The rig count in the Permian Basin was down one this week, the latest count Friday by Baker Hughes shows, with 278 rigs active in the region. The Williston Basin in North and South Dakota was unchanged at 34 rigs. S. Data made available by Baker Hughes. Apr 18, 2025 · The rig count in the Permian Basin was unchanged this week, the latest count Thursday by Baker Hughes shows, with 289 rigs active in the region. But output per rig will keep growing, as industry consolidation increases the share of more productive rigs, and as technologies improve. rig count posted its first rise in three weeks. 83 in February ’23. The Permian Basin had the steepest decline in oil drilling compared with other U. Texas rig count grows as oil prices surge As oil prices continue to climb, Texas rig count continue to grow. A year ago, 307 rigs were active in the region. Jun 6, 2025 · The rig count in the Permian Basin was down three this week, the latest count Friday by Baker Hughes shows, with 275 rigs active in the region. 4 days ago · The oil and gas exploration industry, particularly in West Texas, is a significant demand driver for flatbed carriers, as this region accounts for 44-46% of all U. A year ago, 307 rigs were active in the May 20, 2023 · West Texas oil & gas industry is powered by the explanation and production within the Permian Basin, supporting the exploration within West Texas is the Oilfield Services sector. Mar 28, 2025 · The rig count in the Permian Basin was down three this week, the latest count Friday by Baker Hughes shows, with 297 rigs active in the region. The metric uses a fixed ratio of estimated total production from new wells divided by the region's monthly rig count, lagged by two months. MineralAnswers is the ultimate resource for mineral & royalty owners searching for information on assets in Texas. A year ago, 311 rigs were active in the region Jul 26, 2024 · In the Permian in West Texas and eastern New Mexico, the nation's biggest oil-producing basin and home to more than half the rigs in the country, drillers cut one rig, bringing the count down to Drilling Rig Count by State 2025 Drilling Rigs A drilling rig is an apparatus constructed for oil drilling. Nov 8, 2024 · The rig count in the Permian Basin was unchanged this week, the latest count Friday by Baker Hughes shows, with 303 rigs active in the region. This is an annual average from monthly reports, except for the latest year, which is through June. Apr 20, 2024 · A drilling rig is shown in Midland County in this file photo. benchmark for light sweet crude, averaged $77. A year ago, 350 rigs were active in the region. That brought the total Texas rig count to179 drilling rigs operating in the state. Annual data are averages over 52 or 53 weeks, not calendar year. Sep 6, 2024 · The rig count in the Permian Basin was up one this week, the latest count Friday by Baker Hughes shows, with 306 rigs active in the region. Rotary rigs in operation are reported weekly. Some numbers below are reflected in thousands of Feb 13, 2024 · The U. The report showed 303 oil and gas rigs were active in the basin of West Texas and southeast New Mexico. From the Texas Railroad Commission, which regulates the oil & gas industry, except for the rig count, which is from Baker Hughes Inc. Large oil and gas exploration and production (E&P) firms are turning their attention to acquiring assets in 2024, while small firms are aiming to grow production. To help achieve our growth targets, XTO horizontal rig count in the Permian is expected to increase to approximately 55 by year-end 2019. Dec 2, 2024 · Drilling in the Permian Basin remains steady, based on figures from the latest Baker Hughes rig count. Sep 11, 2020 · Find U. Apr 25, 2025 · The rig count in the Permian Basin was unchanged this week, the latest count Friday by Baker Hughes shows, with 289 rigs active in the region. Mar 22, 2024 · View weekly updates and historical trends for Texas Rig Count (DISCONTINUED). rig count was down three rigs to 563 rigs, the lowest level since November 2021 and down 37 rigs or 6% from year-ago levels. Production is no longer tightly tied to rig count because horizontal drilling and improved fracking techniques allow companies to produce more oil with fewer rigs. 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 active rigs and well completions. Sep 4, 2025 · Results Rig count. Texas Oil Production & Rig Count NOTE: Rig count series shows the last weekly count each month. Nov 7, 2024 · The U. Totals shown for Jan 24, 2025 · The rig count in the Permian Basin was down six this week, the latest count Friday by Baker Hughes shows, with 298 rigs active in the region. and Canadian rig count and drilling data, and use Oilprice. 25 in February, up nominally from $76. A year ago, 307 rigs were active in the region Dec 27, 2024 · Baker Hughes reports US rig count unchanged at 589, with Texas dropping one rig, bucking the national trend. Jan 3, 2025 · The rig count in the Permian Basin was unchanged this week, the latest count Friday by Baker Hughes shows, with 304 rigs active in the region. Mar 15, 2024 · The rig count in the Permian Basin was up three this week, the latest count Friday by Baker Hughes shows, with 316 rigs active in the region. Aug 13, 2020 · WEST TEXAS - The number of rigs at work in the U. oil production, continues to dominate with 304 active rigs. From fiscal 2014 through 2024, the number of active oil rigs decreased by 65 percent Apr 23, 2025 · The rig count has dropped under the Trump administration, with the biggest losses reported in Texas, the oil and natural gas capital of the U. As additional late or corrected reports are received, the initially reported production volumes are subject to change. With no change from the previous week, the focus remains on maintaining production levels and optimizing existing wells. basins. Feb 14, 2025 · The rig count in the Permian Basin was up one this week, the latest count Friday by Baker Hughes shows, with 304 rigs active in the region. A year ago, 309 rigs were active in the region. rival state. rig count has risen steadily for two years along with increasing oil Oct 11, 2024 · The rig count in the Permian Basin was unchanged this week, the latest count Friday by Baker Hughes shows, with 304 rigs active in the region. Jan 17, 2025 · The rig count in the Permian Basin was unchanged this week, the latest count Friday by Baker Hughes shows, with 304 rigs active in the region. A year ago, 304 rigs were active in the region. Apr 4, 2025 · The rig count in the Permian Basin was down three this week, the latest count Friday by Baker Hughes shows, with 294 rigs active in the region. Feb 14, 2025 · U. The Granite Wash, of which Oklahoma 2 days ago · U. rig count at 589 for the fourth week, reflecting a steady but narrow drilling trajectory. Oct 11, 2024 · US drilling activity increased slightly, ending a four-week slump, with Texas leading the rise in rig counts. Jan 3, 2025 · Baker Hughes reports U. rig count declined year over year in October and has been easing over the last three months. Jul 14, 2025 · West Texas is not immune to the broader U. A year ago, 317 rigs were active in the region May 17, 2025 · U. 4kgcsbl ibcav q3r7 qzf2 w350qd vsl2 5cgp ls4qck s10a vruw