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Track Drilling (Rigs by operator) | Completions (Frac Spreads)

Permian Basin Rig Count
(as of 06/26/2022)

  Count Change From
Previous Week
Change From
Previous Year
Cathodic Protection Count 1 1 1
Disposal Count 1 1 1
Gas Count 16 -8 13
Injection Count 1 No change No change
Oil Count 280 30 64
Oil & Gas Count 33 -7 18

Top Permian Basin Operators By Rig Count/Locations
(as of 06/26/2022)

Operator Current Week Previous Week Change Change From Last Year
Subscribe to See 24 25 -1 +3
EOG Resources, Inc. 20 20 --- +7
Subscribe to See 17 17 --- +5
Subscribe to See 17 16 +1 +6
Subscribe to See 15 17 -2 +10
Subscribe to See 15 14 +1 +5
Subscribe to See 13 14 -1 +3
Subscribe to See 12 10 +2 +2
Subscribe to See 11 11 --- +4
Subscribe to See 8 7 +1 +3


Top Permian Basin County By Rig Count/Locations
(as of 06/26/2022)

County Current Week Previous Week Change Change From Last Year
Subscribe to See 50 52 -2 +3
EDDY 49 44 +5 +26
Subscribe to See 43 38 +5 +7
Subscribe to See 36 41 -5 +13
Subscribe to See 27 29 -2 +11


 Permian Basin Top Operators
(Undrilled-Permits)
Company    Last 12 Months
Chevron Corp    218
Occidental Petroleum Corp    216
EOG Resources, Inc.    209
   196
   191
   146
   138
   123

   Drilling Permits Trends ( Last 24 Months)


  Permian Basin - Drilling Activity (2016 - 2022 YTD)


 Permian Basin - Well Completion Trend


Completions By
Company
2022(YTD)
Count
Pioneer Natural Resources Co. 160
EOG Resources, Inc. 136
Chevron Corp 119
91
85
Completions By
County
2022(YTD)
Count
Midland 226
Lea 180
Eddy 156
123
102

 Permian Basin Map

 Permian Basin Rig Data : June 26, 2022


Drilling Trends from May 4, 2011 - June 26, 2022

 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 $3,900
Subscribe to See Subscribe to See Subscribe to See Subscribe to See $1,300
04/28/2022 HighPeak Energy Hannathon Petroleum Llc Highpeak to Acquire Midland Basin Assets in Cash/Stock Deal Worth ~$370MM $368
02/11/2022 Brigham Minerals Inc. Not Disclosed Brigham Minerals Inks $33MM Deal for Midland Royalty Assets $33
01/31/2022 Earthstone Energy Inc. Bighorn Permian Resources LLC Earthstone Inks $715MM Cash/Stock Deal for Bighorn's Permian Portfolio $715
01/28/2022 Maverick Natural Resources LLC Not Disclosed Maverick Natural Resources Inks $440MM Deal for Permian Assets $440
01/12/2022 Falcon Minerals Desert Peak Minerals Desert Peak, Falcon Minerals Merge in Deal Worth $1.9 Billion; Form Sitio Royalties $1,900
12/30/2021 Firebird Energy LLC Chevron Corp FireBird Energy Picks Up 21,000-Acre Midland Property from Chevron ---
11/17/2021 Northern Oil and Gas, Inc. Veritas Energy Llc Northern Oil Inks $406.5MM Deal for Veritas Energy's Entire Permian Portfolio $407
11/10/2021 Kimbell Royalty Partners LP Not Disclosed Kimbell Inks $57MM Deal for Permian, Mid-Con, Haynesville Royalty $57
 

  Permian Basin Transactions By Quarter ($MM)