Permian rig count back above 200
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Written by: Trevor Hawes
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The Permian Basin has topped the 200-rig mark for the first time since the week ending Jan. 15. According to Baker Hughes rig count data, the Permian posted 202 rigs Friday, the same tally 33 weeks ago.
Midland County continued to lead the nation in rig count by county after adding one rig. Midland County, which sits in the heart of the Permian’s Midland Basin, recorded 37 rigs this week. Reeves, which is in the Permian’s Delaware Basin, was unchanged at 26.
District 8 as a whole saw one rig idled, lowering its count to 130. The top counties in the district were Midland, Reeves, Loving (13), Martin (11) and Howard (10).
For other districts operating in the Permian, District 7B rose one to five, a new year-high; District 7C held steady at 22 for the third straight week; District 8A jumped three to 15; and southeast New Mexico was unchanged at 30. Texas had 172 rigs in the Permian, up three.
Renewed activity was recorded in Garza, Sterling and Terry counties. Activity ceased in Dickens and Mitchell counties.
The Permian had 253 rigs a year ago this week.
TEXAS & NEW MEXICO
Texas added four rigs this week, raising the statewide total to 241. The Eagle Ford in South Texas was up three to 38, while the Barnett in North Texas fell one to three. The Haynesville and Granite Wash were unchanged at 14 and nine, respectively.
The state was unchanged at one rig offshore, and there weren’t any rigs in inland waters.
All of New Mexico’s rigs were operating in the Permian.
At this time last year, there were 375 rigs in Texas and 48 in New Mexico.
The rig count nationwide neared the 500 mark after seven new natural gas rigs and one new oil rig pushed the count to 497. There were 407 oil rigs and 88 natural gas rigs across the country. The nation’s miscellaneous rig count was unchanged at two.
The U.S. recorded seven fewer rigs offshore, lowering the tally to 10. All offshore rigs were in the Gulf of Mexico. Rigs on land rose 14 to 482, while rigs in inland waters edged up one to five.
The U.S. had 864 rigs a year ago this week.
Basins with the most activity this week were the Permian, the Eagle Ford, the Cana Woodford (32), the Williston (28) and the Marcellus (27).
The most-active states were Texas, Oklahoma (66), Louisiana (35), New Mexico and North Dakota (28).
CANADA & NORTH AMERICA
The following are county-by-county Permian Basin rig counts for the week ending Sept. 2, with changes in parentheses.
Nolan 2 (+1)
Total 5 (+1)
Andrews 4 (-2)
Ector 3 (+1)
Howard 10 (+1)
Martin 11 (-1)
Midland 37 (+1)
Mitchell 0 (-1)
Pecos 4 (-1)
Sterling 1 (+1)
Total 130 (-1)
Dickens 0 (-1)
Gaines 2 (+1)
Garza 1 (+1)
Terry 1 (+1)
Yoakum 4 (+1)
Total 15 (+3)