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Permian Basin Oil and Gas Magazine

PBOG is the Official Publication of the Permian Basin Petroleum Association and is published monthly by Zachry Publications, LP.

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Eddy, Lea counties in New Mexico each with 54 rigs to lead Permian Basin

June 30, 2022 by PBOG

Baker Hughes said in its June 24 report there were no drilling rig losses in major producing states in the previous week.  There were 349 rigs in Permian Basin (up 4 in previous week, up 113 in previous year), 362 in Texas (up 6 in previous week, up 141 in previous year), 111 in New Mexico (up 1 in previous week, up 36 in previous year), and 753 in U.S. (up 13 in previous week, up 283 in previous year).

In Permian Basin, Eddy County, N.M., added a rig to match Lea, N.M., (unchanged) with 54 each.  Other basin leaders include Midland with 40 rigs (unchanged), Martin with 31 (unchanged), Reeves with 27 (up 1 in past week), and Loving (down 1) and Howard (unchanged) each with 25.

Eagle Ford in south Texas added 3 rigs in past week to overtake Haynesville (unchanged at 69) with 72.  Marcellus (39) and Williston (38) complete the top 5 regions.  Louisiana remains No. 3 among states with 63 rigs (up 1 in past week) followed by Oklahoma with 60 (up 1) and North Dakota with 35 (unchanged).

 

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