Permian Basin Oil and Gas Magazine

MARCH 11, 2025

Counts of active drilling rigs in Permian Basin, Texas and U.S. count of 592 down 1 in the past week, down 30 in the past year ends a streak of five straight weeks of additional rigs. New Mexico again reported 105 rigs (106 year ago). The post Counts of drilling rigs decline in Permian Basin, Texas, U.S.

Drilling rig 52

Drilling rig Basin Oil Gas 52

Permian Basin Oil and Gas Magazine

MARCH 4, 2025

The count of active drilling rigs in U.S. There were 593 rigs in U.S. (up Permian Basin reported 305 rigs (up 1 in past week, down 10 in past year). Texas was the only major producing state to report additional rigs last week up 2 to 282 in past week, down 17 from 299 year ago. 28 from Baker Hughes.

Basin 59

Basin Drilling rig Oil Gas 59

Permian Basin Oil and Gas Magazine

MARCH 4, 2025

Denver-based Civitas Resources said last week it expanded its Permian Basin position with the purchase of operated assets in Howard, Glasscock and Upton counties in Midland Basin. Civitas said slightly more than half of total capital investments will be allocated to Permian Basin with the remainder to DJ Basin.

Basin 52

Basin Drilling rig Barrel Oil 52