Permian Basin added a drilling rig last week, but U.S., Texas and New Mexico reported declining counts of active rigs. Permian Basin added 1 rig to reach 311 (354 year ago). Baker Hughes said as of Feb. 2 there were 303 rigs in Texas (down 1 in past week, down 74 in past year), 98 in New Mexico (down 1 in past week, down 7 in past year) and 619 in U.S. (down 2 in past week, down 140 in past year). No major producing state reported an increase in rig count last week.
Eddy, N.M. (up 2 to 55), Lea, N.M. (down 3 to 40), Martin (up 2 to 37) and Reeves (up 1 to 30) remain the top four counties in Permian Basin, but Loving is now fifth with 23 (up 1). Others include Midland with 22 (down 1), Upton with 17 (up 2), Ward with 14 (unchanged), Reagan with 13 (up 1) and Howard with 11 (unchanged).
Oklahoma and Louisiana remain equal in third among states; both reported rig counts of 42 (unchanged in past week). North Dakota is fifth with 32 (also unchanged). Among regions, Eagle Ford is runner-up with 52 rigs (down 2 in past week, down 20 in past year) followed by Haynesville with 40 (down 2 in past week, down 29 in past year), Williston with 34 (unchanged in past week) and Marcellus with 29 (also unchanged).