Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

 Permian Basin Top Operators
(Undrilled-Permits)
Company    Last 12 Months
Occidental Petroleum Corp    841
Pioneer Natural Resources Co.    529
Devon Energy Corp    472
   455
   433
   375
   357
   336

   Drilling Permits Trends ( Last 24 Months)


Permian Basin - Drilling Permits ( July 03, 2025 - August 02, 2025)
Date Approved county Well Name Well type Well Bore Type Field/Zone Well Status
ExxonMobil
07-28-2025 Upton Cousin-bessie 8a 1h Oil & Gas Horizontal Spraberry (trend Area) Undrilled
07-28-2025 Upton Cousin-bessie 8b 2h Oil & Gas Horizontal Spraberry (trend Area) Undrilled
07-28-2025 Upton Cousin-bessie 8d 4h Oil & Gas Horizontal Spraberry (trend Area) Undrilled
07-28-2025 Upton Cousin-bessie 8e 5h Oil & Gas Horizontal Spraberry (trend Area) Undrilled
07-22-2025 Upton Cousin-bessie 8c 3h Oil & Gas Horizontal Spraberry (trend Area) Undrilled
TRP Energy LLC
07-28-2025 Reeves Brady 56-1 601h Oil & Gas Horizontal Phantom (wolfcamp) Undrilled
07-28-2025 Reeves Brady 56-1 701h Oil & Gas Horizontal Phantom (wolfcamp) Undrilled
07-17-2025 Reeves Dreamland State C19-16-12 A 801h Oil & Gas Horizontal Phantom (wolfcamp) Undrilled
07-17-2025 Reeves Dreamland State C19-16-12 B 601h Oil & Gas Horizontal Phantom (wolfcamp) Undrilled
07-17-2025 Reeves Dreamland State C19-16-12 C 701h Oil & Gas Horizontal Phantom (wolfcamp) Undrilled
Gunn Oil Co

 Permian Basin - Well Completion Trend

Completions By
Company
2025(YTD)
Count
Occidental Petroleum Corp 244
Pioneer Natural Resources Co. 240
Mewbourne Oil Company 131
124
116
Completions By
County
2025(YTD)
Count
Eddy 284
Lea 266
Midland 254
190
148

 Permian Basin Map

 Permian Basin Rig Data : August 2, 2025


Drilling Trends from May 4, 2011 - August 2, 2025

 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 $500
Subscribe to See Subscribe to See Subscribe to See Subscribe to See $608
05/03/2025 Riley Exploration Permian Inc. Silverback Exploration II LLC Riley Permian Acquires PE-Backed Silverback II For $142million $142
02/26/2025 Civitas Resources Inc. Not Disclosed Civitas Buys More Core Permian For 300 Million $300
02/18/2025 Diamondback Energy, Inc. Double Eagle Energy IV LLC Diamondback Acquires Double Eagle In $6 Billion, Cash & Stock Deal $6,000
01/30/2025 Viper Energy Partners Lp Diamondback Energy, Inc. Diamondback Drop Down $4.4 Billion In Mineral and Royalty Interests To Viper $4,440
01/27/2025 Diversified Energy Company plc Maverick Natural Resources LLC Diversified Acquires Maverick for $1.275 Billion to Expand Liquids Exposure and Anadarko/Permian Footprint $1,275
11/13/2024 Coterra Energy Franklin Mountain Energy, LLC,Avant Natural Resources Coterra Expands Permian Footprint with $3.95 Billion Acquisition of Franklin Mountain and Avant Assets $3,950
07/30/2024 Permian Resources Corp. Occidental Petroleum Corp Permian Resources Acquires More Delaware Basin Property $817
07/28/2024 Vital Energy, Inc. Point Energy Partners Petro LLC Vital Energy Acquires Delaware Basin Property From PE-Backed E&P $1,025
 

  Permian Basin Transactions By Quarter ($MM)