New Mexico reversed its streak of rig count declines, but the counts in Permian Basin, Texas and U.S. continued to fall. Baker Hughes said as of June 20 there were 271 active rigs in Permian Basin (down 2 from 273 last week, down 37 from 308 year ago), 258 in Texas (down 4 from 262 last week, down 24 from 282 year ago) and 554 in U.S. (down 1 from 555 last week, down 34 from 588 year ago). New Mexico reported 92 rigs (up 2 in past week, down 16 in past year). The last report of additional rigs in New Mexico was Jan. 31, 2025 (up 4 to 106). The last gain in Permian Basin was Feb. 28 (up 1 to 305).
New Mexico counties of Eddy (down 2 to 47) and Lea (up 4 to 41) continue to lead Permian Basin followed by Reeves with 28 (down 2), Martin with 25 (unchanged), Midland with 23 (down 1), Loving with 20 (unchanged), Upton with 16 (up 1) and Reagan with 12 (unchanged).
Eagle Ford in south Texas remains No. 2 among regions with 41 rigs (up 1 in past week, down 9 in past year) followed by Haynesville with 36 (up 1 in past week, unchanged in past year), Williston with 31 (unchanged in past week, down 4 in past year) and Marcellus with 24 (unchanged in past week, down 1 in past year).
Oklahoma is No. 3 among states with 47 rigs (down 2 in past week, up 12 in past year) followed by Louisiana with 32 (up 1 in past week, down 8 in past year) and North Dakota with 29 (down 1 in past week, down 5 in past year).
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