Baker Hughes reported increasing rig counts in Permian Basin, Texas and New Mexico in the past week. In the weekly report of Nov. 6, there were 273 active rigs in Permian Basin (up 1 in past week, up 22 or 8.76 percent from 251 a year ago), 277 in Texas (up 2 in past week, up 43 or 18.38 percent from 234 a year ago) and 101 in New Mexico (up 2 in past week, down 2 from 103 a year ago). It’s New Mexico’s first triple digit rig count since April 2026. Texas and New Mexico led major producing states each with a gain of 2 rigs.
There were 604 rigs in U.S. (up 1 in past week, up 56 or 10.22 percent from 548 a year ago).
Haynesville (up 1 to 56) and Eagle Ford (50) remain 2-3 in rig count among regions followed by Williston (down 1 to 35), Marcellus and Granite Wash (23 each), and Cana Woodford (18). Among states, Oklahoma (50) is third in count of active drilling rigs followed by Louisiana (down 3 to 38) and North Dakota (down 1 to 31).
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