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Permian Basin Rig Count
(as of 01/29/2023)

  Count Change From
Previous Week
Change From
Previous Year
Disposal Count -1 No change
Gas Count 12 4 3
Gas Well Count 1 -1 1
Injection Count 1 No change 1
Oil Count 259 -2 46
Oil & Gas Count 41 6 26
Oil Well Count 12 -1 12
Service Well Count 3 1 3

Top Permian Basin Operators By Rig Count/Locations
(as of 01/29/2023)

Operator Current Week Previous Week Change Change From Last Year
Subscribe to See 23 22 +1 -1
Chevron Corp 19 17 +2 +16
Subscribe to See 19 19 --- +8
Subscribe to See 17 18 -1 +5
Subscribe to See 17 17 --- +7
Subscribe to See 15 14 +1 +4
Subscribe to See 12 13 -1 +1
Subscribe to See 12 12 --- +5
Subscribe to See 12 12 --- +2
Subscribe to See 7 6 +1 +3


Top Permian Basin County By Rig Count/Locations
(as of 01/29/2023)

County Current Week Previous Week Change Change From Last Year
Subscribe to See 62 58 +4 +18
MIDLAND 40 39 +1 +1
Subscribe to See 33 40 -7 +8
Subscribe to See 32 31 +1 +5
Subscribe to See 28 27 +1 +9


 Permian Basin Top Operators
(Undrilled-Permits)
Company    Last 12 Months
Pioneer Natural Resources Co.    539
Occidental Petroleum Corp    315
Diamondback Energy, Inc.    258
   250
   249
   219
   206
   152

   Drilling Permits Trends ( Last 24 Months)


Permian Basin - Drilling Permits ( December 30, 2022 - January 29, 2023)
Date Approved county Well Name Well type Well Bore Type Field/Zone Well Status
Extech Operating LLC
01-20-2023 Stonewall Clark 1 Oil Well Vertical Undrilled
Colgate Energy Partners III LLC
01-20-2023 Ward Shell 41 Unit 221h Oil & Gas Horizontal Undrilled
01-20-2023 Ward Shell 41 Unit 131h Oil & Gas Horizontal Undrilled
01-20-2023 Ward Shell 41 Unit 232h Oil & Gas Horizontal Undrilled
01-20-2023 Ward Shell 41 Unit 332h Oil & Gas Horizontal Undrilled
01-20-2023 Ward Shell 41 Unit 331h Oil & Gas Horizontal Undrilled
Three Span Oil Gas Inc
01-20-2023 Scurry Mapache Grande 229 1h Oil & Gas Horizontal Undrilled
01-20-2023 Fisher Swenson 1 Service Well Vertical Undrilled
01-20-2023 Fisher W. W. Holman 4 Service Well Vertical Undrilled
01-19-2023 Cottle Harris 1 Oil Well Vertical Undrilled

  Permian Basin - Drilling Activity (2016 - 2023 YTD)


 Permian Basin - Well Completion Trend


 Permian Basin Map

 Permian Basin Rig Data : January 29, 2023


Drilling Trends from May 4, 2011 - January 29, 2023

 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 $98
Subscribe to See Subscribe to See Subscribe to See Subscribe to See $1,600
10/11/2022 Diamondback Energy, Inc. Firebird Energy LLC Diamondback to Acquire Permian E&P Firebird for $1.6B in Cash/Stock $1,600
09/30/2022 Northern Oil and Gas, Inc. Alpha Energy Partners NOG Acquires Northern Delaware/Permian Assets for $157 Million $125
09/13/2022 US Energy Development Corp Not Disclosed U.S. Energy Development Corp Acquires More Permian Assets $60
09/06/2022 Sitio Royalties Corp. Brigham Minerals Inc. Sitio Royalties, Brigham to Merge in All-Stock Deal Worth $4.8 Billion $4,800
08/23/2022 Brigham Minerals Inc. Avant Natural Resources Brigham Minerals Inks $133MM Cash Deal for Midland Basin Minerals, Royalties $133
08/17/2022 Northern Oil and Gas, Inc. Laredo Petroleum Inc. Northern Oil Picks Up Midland Basin Assets for $110 Million in Cash $110
08/04/2022 APA Corp. Not Disclosed APA Corp. Ups Ante in the Delaware Basin; Acquires Property for $555 Million $555
07/05/2022 Ring Energy Inc. Stronghold Energy II LLC Ring Energy Acquires PE-Backed Stronghold Energy II for $465 Million $465
 

  Permian Basin Transactions By Quarter ($MM)