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Permian Basin Oil and Gas Magazine

PBOG is the Official Publication of the Permian Basin Petroleum Association and is published monthly by Zachry Publications, LP.

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Rig counts: Permian Basin up to 334, Texas to 346, U.S. nears 700

April 21, 2022 by PBOG

Baker Hughes’ counts of active oil and gas drilling rigs continue to grow in Permian Basin, Texas and U.S.  As of April 14, there were 334 rigs in Permian (up 2 in past week, up 107 in past year), 346 in Texas (up 4 in past week, up 132 in past year) and 693 in U.S. (up 4 in past week, up 254 in past year).  The count declined by 1 rig in New Mexico in the past week to 95 (70 a year ago).

Lea (50 rigs) and Eddy (41) counties in New Mexico remain the Permian leaders, and Midland added 7 rigs in the past week to rank third with 39 rigs.  Other leaders include Martin with 31, Reeves with 30, Loving with 29 and Howard with 22.

Louisiana remains No. 3 among states with 56 rigs followed by Oklahoma with 51 and North Dakota with 33.  Haynesville remains No. 2 among regions with 67 rigs followed by Eagle Ford with 60, Marcellus with 37 and Williston with 34.

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