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Permian Basin Rig Count
(as of 01/22/2022)

  Count Change From
Previous Week
Change From
Previous Year
Disposal Count -1 No change
Gas Count 19 2 11
Injection Count 1 1 No change
Oil Count 244 -11 68
Oil & Gas Count 13 1 10

Top Permian Basin Operators By Rig Count/Locations
(as of 01/22/2022)

Operator Current Week Previous Week Change Change From Last Year
Subscribe to See 22 24 -2 +8
Mewbourne Oil Company 16 16 --- +6
Subscribe to See 16 17 -1 +3
Subscribe to See 15 14 +1 +3
Subscribe to See 12 12 --- +7
Subscribe to See 11 10 +1 +3
Subscribe to See 10 10 --- +2
Subscribe to See 9 10 -1 ---
Subscribe to See 7 7 --- +3
Subscribe to See 6 5 +1 ---


Top Permian Basin County By Rig Count/Locations
(as of 01/22/2022)

County Current Week Previous Week Change Change From Last Year
Subscribe to See 56 58 -2 +21
EDDY 33 36 -3 +6
Subscribe to See 29 28 +1 +12
Subscribe to See 26 26 --- +5
Subscribe to See 23 23 --- +9


 Permian Basin Top Operators
(Undrilled-Permits)
Company    Last 12 Months
EOG Resources, Inc.    334
Occidental Petroleum Corp    306
Pioneer Natural Resources Co.    219
   166
   157
   157
   155
   132

   Drilling Permits Trends ( Last 24 Months)


Permian Basin - Drilling Permits ( December 23, 2021 - January 22, 2022)
Date Approved county Well Name Well type Well Bore Type Field/Zone Well Status
Steward Energy II LLC
01-07-2022 Lea Vamonos Fee #005h Oil Horizontal San Andres Undrilled
CALLON PETROLEUM OPERATING CO
01-03-2022 Howard Ponderosa Unit 12h Oil & Gas Horizontal Spraberry Spudded
CANAN MOWREY OPERATING, LLC
01-03-2022 Dickens Bull Run 2 Oil & Gas Vertical Dalwood,trifecta,wildcat Spudded
12-30-2021 Midland Avogadro C 13ls Oil & Gas Horizontal Spraberry Spudded
01-04-2022 Lea Florence 2314 State #124h Oil Horizontal Bone Spring Undrilled
01-03-2022 Lea Florence 2314 State #113h Oil Horizontal Bone Spring Undrilled
01-03-2022 Lea Florence 2314 State #114h Oil Horizontal Bone Spring Undrilled
01-03-2022 Lea Florence 2314 State #123h Oil Horizontal Bone Spring Undrilled
12-30-2021 Lea Jackson Coker 11 17s 37e #001 Oil Directional Requires Nsl Undrilled
12-30-2021 Scurry Holloway Unit 1h Oil & Gas Horizontal Garden City, S. Spudded

  Permian Basin - Drilling Activity (2016 - 2022 YTD)


 Permian Basin - Well Completion Trend


 Permian Basin Map

 Permian Basin Rig Data : January 22, 2022


Drilling Trends from May 4, 2011 - January 22, 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 $1,900
Subscribe to See Subscribe to See Subscribe to See Subscribe to See ---
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
11/08/2021 Colgate Energy Partners III LLC Not Disclosed Colgate Bolts On 22,000 Net Acres in the Delaware Basin for $190MM $190
11/05/2021 Continental Resources, Inc. Pioneer Natural Resources Co. Continental Enters the Permian; Acquires Asset from Pioneer $3,100
11/03/2021 Henry Resources Llc,Pickering Energy Partners Centennial Resource Development Centennial Sells Off Delaware Basin Asset for $101 Million $101
10/04/2021 Earthstone Energy Inc. Foreland Investments Lp Earthstone Picks Up Midland Basin Assets for $73.2 Million in Cash/Stock $73
09/20/2021 ConocoPhillips Shell plc Shell Sells Permian Portfolio to ConocoPhillips for $8.6 Billion in Cash $8,600
09/20/2021 Laredo Petroleum Inc. Pioneer Natural Resources Co. Laredo to Acquire Midland Asset from Pioneer in $230MM Cash/Stock Deal $230
 

  Permian Basin Transactions By Quarter ($MM)