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Permian Basin Rig Count
(as of 07/25/2021)

  Count Change From
Previous Week
Change From
Previous Year
Gas Count 9 2 7
Oil Count 198 -3 73
Oil & Gas Count 21 2 21

Top Permian Basin Operators By Rig Count/Locations
(as of 07/25/2021)

Operator Current Week Previous Week Change Change From Last Year
Subscribe to See 23 24 -1 +16
Mewbourne Oil Company 13 12 +1 +11
Subscribe to See 11 11 --- +10
Subscribe to See 11 12 -1 +2
Subscribe to See 9 10 -1 +9
Subscribe to See 9 10 -1 +6
Subscribe to See 8 8 --- +2
Subscribe to See 7 7 --- +5
Subscribe to See 7 5 +2 -18
Subscribe to See 6 7 -1 +5


Top Permian Basin County By Rig Count/Locations
(as of 07/25/2021)

County Current Week Previous Week Change Change From Last Year
Subscribe to See 40 40 --- +21
EDDY 31 32 -1 +3
Subscribe to See 27 29 -2 +15
Subscribe to See 24 24 --- +5
Subscribe to See 20 23 -3 +14


 Permian Basin Top Operators
(Undrilled-Permits)
Company    Last 12 Months
EOG Resources, Inc.    466
Occidental Petroleum Corp    348
Devon Energy Corp    231
   165
   129
   124
   114
   112

   Drilling Permits Trends ( Last 24 Months)


Permian Basin - Drilling Permits ( June 25, 2021 - July 25, 2021)
Date Approved county Well Name Well type Well Bore Type Field/Zone Well Status
CGS Operating, LLC
07-12-2021 Dawson Bluebonnet A Unit M 1h Oil Horizontal Spraberry (trend Area) Undrilled
Rio Oil & Gas II LLC
07-12-2021 Reeves Harrison State Unit 14 1ha Oil Horizontal Phantom (wolfcamp) Undrilled
07-12-2021 Reeves Harrison State Unit 14 2ha Oil Horizontal Phantom (wolfcamp) Undrilled
Fasken Oil & Ranch, Ltd.
07-12-2021 Andrews Fee \'bm\' 1604jm Oil Horizontal Spraberry (trend Area) Undrilled
07-12-2021 Andrews Fee \'bm\' 1603ms Oil Horizontal Spraberry (trend Area) Undrilled
07-12-2021 Andrews Fee \'bm\' 1605wa Oil Horizontal Spraberry (trend Area) Undrilled
07-12-2021 Andrews Fee \'bm\' 1606ms Oil Horizontal Spraberry (trend Area) Undrilled
07-12-2021 Andrews Fee \'bm\' 1607ls Oil Horizontal Spraberry (trend Area) Undrilled
07-12-2021 Andrews Fee \'bm\' 1608wb Oil Horizontal Spraberry (trend Area) Drilling-completed
07-12-2021 Andrews Fee \'bm\' 1609ms Oil Horizontal Spraberry (trend Area) Undrilled

  Permian Basin - Drilling Activity (2016 - 2021 YTD)


 Permian Basin - Well Completion Trend


Completions By
Company
2021(YTD)
Count
Pioneer Natural Resources Co. 178
Occidental Petroleum Corp 89
EOG Resources, Inc. 82
82
69
Completions By
County
2021(YTD)
Count
Martin 189
Midland 153
Howard 145
130
130

 Permian Basin Map

 Permian Basin Rig Data : July 25, 2021


Drilling Trends from May 4, 2011 - July 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 $102
Subscribe to See Subscribe to See Subscribe to See Subscribe to See $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 ---
05/24/2021 Cabot Oil & Gas Corp Cimarex Energy Co. Cabot Oil & Gas, Cimarex to Combine in $17 Billion Enterprise Deal ---
05/20/2021 Percussion Petroleum II, LLC Oasis Petroleum Inc. Oasis Petroleum Sells Permian Asset to PE-Backed E&P for $450 Million $450
05/18/2021 Empire Petroleum Corp. XTO Energy Inc.,ExxonMobil Empire Acquires Delaware Basin Assets from Exxon for $17.8MM $18
05/10/2021 Sixth Street Partners LLC Laredo Petroleum Inc. Laredo to Sell Interest in Midland Basin Assets for $405 Million $405
05/10/2021 Laredo Petroleum Inc. Sabalo Energy, LLC Laredo to Acquire PE-Backed Sabalo Energy in $715MM Deal $715
05/04/2021 Not Disclosed Diamondback Energy, Inc. Diamondback Unloads Non-Core Permian Assets in $87MM Deal $87
 

  Permian Basin Transactions By Quarter ($MM)