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Permian Basin Rig Count
(as of 09/25/2021)

  Count Change From
Previous Week
Change From
Previous Year
Disposal Count 1 No change 1
Gas Count 10 No change 7
Injection Count 1 No change 1
Oil Count 221 9 98
Oil & Gas Count 21 -1 19

Top Permian Basin Operators By Rig Count/Locations
(as of 09/25/2021)

Operator Current Week Previous Week Change Change From Last Year
Subscribe to See 24 23 +1 +17
Mewbourne Oil Company 15 14 +1 +13
Subscribe to See 11 11 --- +8
Subscribe to See 11 11 --- +7
Subscribe to See 10 10 --- +1
Subscribe to See 10 10 --- +4
Subscribe to See 10 11 -1 +5
Subscribe to See 8 9 -1 +4
Subscribe to See 7 6 +1 +6
Subscribe to See 7 7 --- -11


Top Permian Basin County By Rig Count/Locations
(as of 09/25/2021)

County Current Week Previous Week Change Change From Last Year
Subscribe to See 45 44 +1 +25
EDDY 31 31 --- +5
Subscribe to See 27 26 +1 +13
Subscribe to See 26 26 --- +9
Subscribe to See 21 20 +1 +10


 Permian Basin Top Operators
(Undrilled-Permits)
Company    Last 12 Months
EOG Resources, Inc.    482
Occidental Petroleum Corp    352
Devon Energy Corp    169
   139
   132
   127
   117
   114

   Drilling Permits Trends ( Last 24 Months)


Permian Basin - Drilling Permits ( August 26, 2021 - September 25, 2021)
Date Approved county Well Name Well type Well Bore Type Field/Zone Well Status
Forge Energy II LLC
09-10-2021 Reeves Verancia 50-26-27 Unit 2 Wa 1h Oil Horizontal Wolfbone (trend Area) Undrilled
09-10-2021 Reeves Verancia 50-26-27 Unit 2 Wa 2h Oil Horizontal Wolfbone (trend Area) Undrilled
09-10-2021 Reeves Verancia 50-26-27 Unit 2 Wa 21h Oil Horizontal Wolfbone (trend Area) Undrilled
Spur Energy Partners LLC
09-10-2021 Lea Ht 18 Federal #011h Oil Horizontal Undrilled
09-10-2021 Lea Ht 18 Federal #012h Oil Horizontal Undrilled
Maverick Natural Resources LLC
09-10-2021 Hudspeth University Masterson B2 1 Oil & Gas Vertical Wildcat Undrilled
09-10-2021 Hudspeth University Masterson B2 2 Oil & Gas Vertical Wildcat Undrilled
09-10-2021 Hudspeth University Maverick A24 2 Oil & Gas Vertical Wildcat Undrilled
09-10-2021 Hudspeth University Maverick A24 3 Oil & Gas Vertical Wildcat Undrilled
09-10-2021 Hockley Mccorkle, Eula Estate 5w Swd Vertical Hamilton (clearfork) Undrilled

  Permian Basin - Drilling Activity (2016 - 2021 YTD)


 Permian Basin - Well Completion Trend


Completions By
Company
2021(YTD)
Count
Double Eagle Energy III LLC 119
Pioneer Natural Resources Co. 106
Occidental Petroleum Corp 106
104
75
Completions By
County
2021(YTD)
Count
Martin 225
Midland 184
Lea 158
151
149

 Permian Basin Map

 Permian Basin Rig Data : September 25, 2021


Drilling Trends from May 4, 2011 - September 25, 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 $9,500
Subscribe to See Subscribe to See Subscribe to See Subscribe to See $230
08/16/2021 Surge Energy Inc,Moss Creek Resources, LLC Apache Corp Surge Energy Bolts On Midland Basin Assets for $37.5 Million $38
08/09/2021 Viper Energy Partners Lp Swallowtail Royalties Viper Inks Deal with Swallowtail for Midland Basin Royalty Assets $225
08/09/2021 Callon Petroleum Co. Primexx Energy Partners Callon Petroleum Acquires Primexx in $788MM Cash/Stock Deal $788
07/28/2021 Lime Rock Resources Rosehill Resources Inc. PE-Backed E&P Acquires Delaware Basin Private Company for $500 Million $508
06/16/2021 Northern Oil and Gas, Inc. Not Disclosed Northern Oil Adds to Permian Position in Deal Worth $102 Million $102
06/10/2021 Colgate Energy Partners III LLC Occidental Petroleum Corp PE-Backed Colgate Acquires Oxy's Permian Property for $500 Million $500
06/09/2021 Independence Energy Corp. Contango Oil & Gas Co. Contango to Merge with PE-Backed Independence Energy in All-Stock Deal ---
06/02/2021 Colgate Energy Partners III LLC Luxe Energy Llc Colgate to Acquire Luxe Energy's Delaware Basin Assets in All-Stock Deal ---
 

  Permian Basin Transactions By Quarter ($MM)