Rig counts in Texas and U.S. tumbled for the second straight week, but Permian Basin remained unchanged with 310 oil and gas rigs. Baker Hughes said in its weekly report of Nov. 10 there were 302 rigs in Texas (304 week ago, 373 year ago) and 616 rigs in U.S. (618 week ago, 779 year ago). New Mexico reported one additional rig this week with 105 (106 year ago). There were 350 rigs in Permian Basin a year ago.
Lea County, N.M., leads Permian Basin with 56 rigs (down 2 in past week), and Eddy County, N.M., added 3 rigs to reach 47 (biggest gain last week in Permian). Other basin leaders include Martin with 41 (down 1), Reeves with 30 (up 1) and Midland back in the top five with 24 (up 1). Loving County has 22 rigs (down 3), Ward 13 and Glasscock 12.
Louisiana remains No. 3 among states with 38 rigs (41 week ago, 65 year ago) followed by Oklahoma with 37 (36 week ago, 67 year ago) and North Dakota with 29 rigs (unchanged in past week, 38 year ago). Eagle Ford in south Texas remains No. 2 among regions with 51 rigs (unchanged in past week, 71 year ago) followed by Haynesville with 37 (38 week ago, 71 year ago), Williston with 32 (unchanged in past week, 41 year ago) and Marcellus with 27 (28 week ago, 39 year ago).