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

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New Mexico adds 2 drilling rigs last week, Permian up 8.8 percent in past year

October 27, 2026 by PBOG Leave a Comment

New Mexico added 2 active drilling rigs in the past week, but there was minimal other activity in the region, according to the weekly report of Oct. 23 from Baker Hughes.  New Mexico now has 98 rigs, which is down 4 from 102 in the past year.  The gain of 2 was the largest among major producing states last week.

The count of 272 in Permian Basin was unchanged in the past week, but up 22 rigs or 8.80 percent from 250 in the past year.  Texas reported 277 rigs (down 1 in the past week, up 41 or 17.37 percent from 236 in the past year).  And the U.S. count was unchanged at 603 (up 53 or 9.64 percent from 550 a year ago).  In the U.S., the oil-directed rig count of 460 is up 40 from 420 a year ago, and the gas-directed count of 132 is up 11 from 121 in the past year.

Among regions, the count in Haynesville was unchanged (56) followed by Eagle Ford (up 2 to 51), Williston (up 1 to 36), Marcellus (23) and Granite Wash (up 1 to 22).  Oklahoma (50) and Louisiana (up 1 to 41) continue to rank 3-4 followed by North Dakota (up 1 to 32).

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