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Rig Count/Drilling Activity Update - Week Ending 3/30/2018
This week we look at Shale Experts rig count for week ending March 30, 2018. Midland Basin saw an increase of 6 rigs which is the highest the basin has seen in in the last 6 months. Private E&P Mewbourne Oil Company saw its rig count grow another +3 rigs.
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Mewbourne, Crownquest Operating and Surge Operating increased rig count some 5 rigs.
More Weekly Rig Count News

Rig Activity By Operator, County, Well: Week Ending August 27, 2021
The US rig count continues to grow, up +6 this week. The main movements were observed in the Bakken, +3 Permian +3 Powder River +3 Uinta +1 Click…

Rig Activity By Operator, County, Well: Week Ending July 23, 2021
The US rig count continues to grow, up +1 this week. The main movements were observed in the Bakken, +2 and the Utica up +2. Click on the…

Rig Activity By Operator, County, Well: Week Ending July 2, 2021
This week we did not observe much change in the U.S. rig count - click on the image below to enlarge for rig count by basin. As a…

Rig Activity By Operator, County, Well : Week Ending June 11, 2021
This week we did not observe much changes in the U.S. rig count. Click on the image below to enlarge for rig count by Basin. As a reminder,…

Rig Activity By Operator: Week Ending April 16, 2021
This week operators dropped another -9 rigs across the core basins. Lets take a look at the activity by basin. The Permian lost 4 rigs and the Haynesville…
Mid-Continent - Anadarko Basin News

Why $90 Oil Isn’t Bringing Back the Rigs
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These Three Companies Will Increase Drilling & Completion Over The Next 3 Year
In the span of fifteen months, three Japanese energy companies committed more than $10.3 billion to U.S. natural gas production assets — a buying spree that has transferred…

Q1 A&D Transactions Jump to $30B , While Deal Flow Was Down 40%
The first quarter of 2026 has officially defined the "Barbell Era" of American oil and gas. While the total number of deals plummeted by 46% YoY (dropping to…

Wright to U.S. Oil Industry: The Price Signal Is Telling You to Drill
Energy Secretary Chris Wright stood in front of the largest gathering of oil executives in the world this morning and delivered a message that was equal parts market…

Apa Corp : Doing More With Less
APA's 2025 narrative was one of operational surprise. The company came in beating production guidance every single quarter while spending below plan, capturing over $300MM in cost savings…
Permian News

Permian Resources to Grow Production 6% in 2026
Permian Resources exited 2025 as the largest pure-play Delaware Basin operator with ~480,000 net acres and >105,000 net royalty acres. The company averaged 392.6 MBoe/d in 2025, including…

Battalion Oil Closes ~$60M West Quito Draw Asset Sale
Battalion Oil Corporation has closed the sale of its West Quito Draw assets in the Southern Delaware Basin to MCM Delaware Resources LLC, a subsidiary of MCM Energy…

Deal Rumor: ConocoPhillips Exploring $2B Permian Asset Sale
ConocoPhillips is reportedly exploring the potential sale of certain Permian Basin assets in a transaction valued at approximately $2 billion, according to Reuters, citing sources familiar with the…

This Operator Will Chop it's 2026 Rig Count From 34 to 24
ConocoPhillips is setting up 2026 as a lower-intensity, more efficient operating year — with the clearest proof coming from the Lower 48 activity reset following the Marathon integration.…

A Quiet Capital Pattern Is Forming in North American Upstream — and Almost No One Is Talking About It
A handful of recent transactions and capital raises point to a subtle pattern in North American upstream—one that is easy to miss because each event, on its own,…