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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.

UNITED STATES

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 number of horizontal drilling rigs jumped 16 to 395. There were 60 vertical rigs, down two. Directional rigs fell to 42 after six rigs were idled.

The U.S. had 864 rigs a year ago this week.

MOST-ACTIVE

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

Canada’s rig count fell nine this week to 137, 50 fewer than last year’s tally. There were 77 oil rigs, down seven. Natural gas rigs fell two to 60.

The total number of rigs in the North America region fell one to 634. At this time last year, there were 1,051 rigs in North America

 

The following are county-by-county Permian Basin rig counts for the week ending Sept. 2, with changes in parentheses.

DISTRICT 7B

Nolan    2 (+1)

Stonewall    3

Total    5 (+1)

DISTRICT 7C

Irion    2

Reagan    10

Upton    10

Total    22

DISTRICT 8

Andrews    4 (-2)

Culberson    4

Ector    3 (+1)

Glasscock    6

Howard    10 (+1)

Loving    13

Martin    11 (-1)

Midland    37 (+1)

Mitchell    0 (-1)

Pecos    4 (-1)

Reeves    26

Sterling    1 (+1)

Ward    7

Winkler    4

Total    130 (-1)

DISTRICT 8A

Borden    2

Crosby    1

Dickens    0 (-1)

Gaines    2 (+1)

Garza    1 (+1)

Hockley    1

Scurry    3

Terry    1 (+1)

Yoakum    4 (+1)

Total    15 (+3)

NEW MEXICO

Eddy    10

Lea    20

Total    30


TAGS: Oil, Gas, Rigs


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Written by: Trevor Hawes
Click HERE to Read Article From Publisher
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