Enverus said in its latest Drilldown Report that the numbers of frac crews in Permian Basin continue to increase. As of Oct. 16, there were 106 frac crews in Permian Basin compared to 97 the previous week and 93 a year ago. Also, there were 32 crews in Rockies, 31 in Gulf Coast and 18 in Eastern along with 194 in U.S. (compared to 178 the previous week and also 178 a year ago).
ExxonMobil remains the leading Permian operator with an average of 34.3 active rigs as of Oct. 16 followed by Devon with 21.0, Diamondback with 19.1, ConocoPhillips with 18.0, Occidental with 17.0 and Mewbourne with 13.9.
The number of DUC wells (drilled but uncompleted) is down in Permian Basin and U.S. in the past year. Permian reported 2,060 DUC wells (2,378 a year ago), and U.S. reported 4,296 DUC wells (4,676 a year ago).
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