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Permian Basin Rig Count
(as of 04/11/2021)

  Count Change From
Previous Week
Change From
Previous Year
Gas Count 10 1 4
Injection Count 2 No change 2
Oil Count 189 No change -159
Oil & Gas Count 21 4 16

Top Permian Basin Operators By Rig Count/Locations
(as of 04/11/2021)

Operator Current Week Previous Week Change Change From Last Year
Subscribe to See 17 15 +2 -4
Occidental Petroleum Corp 12 13 -1 ---
Subscribe to See 11 12 -1 -4
Subscribe to See 9 8 +1 -13
Subscribe to See 9 8 +1 ---
Subscribe to See 9 9 --- -9
Subscribe to See 8 8 --- -2
Subscribe to See 8 7 +1 -1
Subscribe to See 7 6 +1 -4
Subscribe to See 7 7 --- -49


Top Permian Basin County By Rig Count/Locations
(as of 04/11/2021)

County Current Week Previous Week Change Change From Last Year
Subscribe to See 38 39 -1 -16
EDDY 30 30 --- -27
Subscribe to See 28 26 +2 -13
Subscribe to See 19 19 --- -14
Subscribe to See 19 17 +2 -18


 Permian Basin Top Operators
(Undrilled-Permits)
Company    Last 12 Months
EOG Resources, Inc.    381
Occidental Petroleum Corp    297
Devon Energy Corp    264
   202
   160
   133
   83
   76

   Drilling Permits Trends ( Last 24 Months)


Permian Basin - Drilling Permits ( March 12, 2021 - April 11, 2021)
Date Approved county Well Name Well type Well Bore Type Field/Zone Well Status
Titus Oil Gas Production, LLC
04-02-2021 Lea River Ranch Federal Com #123h Oil Horizontal Undrilled
04-02-2021 Lea River Ranch Federal Com #324h Oil Horizontal Undrilled
CGS Operating, LLC
04-01-2021 Dawson Overton Unit L 2h Oil Horizontal Spraberry (trend Area) Undrilled
BP Plc
04-01-2021 Reeves State Allar 57-t2-28 W203h Oil Horizontal Phantom (wolfcamp) Undrilled
04-01-2021 Reeves State Annex 57-t2-28 W206h Oil Horizontal Phantom (wolfcamp) Undrilled
04-01-2021 Howard Kairos 1 Oil Vertical Coahoma, N. (clear Fork) Undrilled
04-01-2021 Loving Swapportunity 75-11 Lov Unit 4h Oil Horizontal Phantom (wolfcamp) Undrilled
04-01-2021 Loving Swapportunity 75-11 Lov Unit 3h Oil Horizontal Phantom (wolfcamp) Undrilled
04-01-2021 Loving Swapportunity 75-11 Lov Unit 2h Oil Horizontal Phantom (wolfcamp) Undrilled
04-01-2021 Loving Traviata Sf-15471 Lov Unit 1h Oil Horizontal Phantom (wolfcamp) Undrilled

  Permian Basin - Drilling Activity (2016 - 2021 YTD)


 Permian Basin - Well Completion Trend


Completions By
Company
2019(YTD)
Count
ExxonMobil 896
Pioneer Natural Resources Co. 653
EOG Resources, Inc. 585
580
561
Completions By
County
2019(YTD)
Count
Midland 1365
Reeves 1225
Martin 1159
991
845

 Permian Basin Map

 Permian Basin Rig Data : April 11, 2021


Drilling Trends from May 4, 2011 - April 11, 2021

 Permian Basin Overview



The Permian Basin is one of the oldest and most widely recognized oil and gas producing regions in the U.S. The Permian Basin covers approximately 86,000 square miles and encompasses 52 counties in New Mexico and Texas.

Here are some links to the data we have available on the Permian Basin, Wolfcamp, Bone Springs, Spraberry

Rig Locations (which operator is drilling where - updated weekly) Completions (wells completed by E&P companies, including DUCs. : updated daily) Drilling Programs Company budgets (Allocated capital by company) Active…

  Permian Basin - Mergers & Acquisition

Announce Date Buyer Seller Title Value $MM
Subscribe to See Subscribe to See Subscribe to See Subscribe to See $6,500
Subscribe to See Subscribe to See Subscribe to See Subscribe to See $127
02/01/2021 Surge Operating, LLC Grenadier Energy Partners II LLC Surge Inks $420MM Deal for Midland Basin Property $420
12/21/2020 Diamondback Energy, Inc. Guidon Energy Diamondback Acquires PE-backed Guidon Operating $821
12/21/2020 Diamondback Energy, Inc. QEP Resources, Inc. Diamondback Energy Acquires QEP Resources $2,200
12/18/2020 Earthstone Energy Inc. Independence Resources Management Earthstone Acquires PE-Backed Midland E&P for $182 Million $182
11/30/2020 Contango Oil & Gas Co. Not Disclosed Contango to Acquire Oily Assets in Big Horn, PRB, Permian Basins $58
11/30/2020 Point Energy Partners Petro LLC Battalion Oil Corp. New PE-backed E&P Scores Permian Property $26
11/09/2020 Rising Phoenix Royalties Not Disclosed Rising Phoenix Acquires Permian Royalty Package ---
11/09/2020 Ameredev, LLC Lilis Energy Inc. Ameredev Wins Bid for Lilis Energy's Permian Portfolio $47
 

  Permian Basin Transactions By Quarter ($MM)