Counts of active oil and gas drilling rigs declined in Texas and U.S. during the past week, according to Baker Hughes’ report for July 1, while Permian Basin was unchanged with 349 rigs (237 a year ago). There were 360 rigs in Texas (362 week ago, 222 year ago), 112 in New Mexico (111 week ago, 75 year ago) and 750 in U.S. (753 week ago, 475 year ago). Only New Mexico and Louisiana (up 1 to 64) among major producing states added rigs last week.
Lea County, N.M., added 2 rigs in the past week to regain the Permian lead with 56 rigs followed by Eddy, N.M., with 53 (down 1 in past week), Midland with 41 (up 1) and Martin with 29 (down 2). Unchanged in the past week were Reeves with 27 rigs, Loving with 25 and Howard with 24.
Haynesville (unchanged at 69 rigs) and Eagle Ford (down 4 to 68) were region leaders behind Permian Basin followed by Marcellus and Williston (each with 38).
