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Track Drilling (Rigs by operator) | Completions (Frac Spreads)

Permian Basin Rig Count
(as of 09/28/2022)

  Count Change From
Previous Week
Change From
Previous Year
Disposal Count -1 No change
Gas Count 13 4 4
Gas Well Count -1 No change
Injection Count 3 No change 3
Oil Count 268 -3 55
Oil & Gas Count 41 6 26
Oil Well Count 3 No change 3
Service Well Count 1 1 1

Top Permian Basin Operators By Rig Count/Locations
(as of 09/28/2022)

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 09/28/2022)

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.    245
Chevron Corp    191
Occidental Petroleum Corp    189
   187
   149
   148
   143
   122

   Drilling Permits Trends ( Last 24 Months)


  Permian Basin - Drilling Activity (2016 - 2022 YTD)


 Permian Basin - Well Completion Trend


Completions By
Company
2022(YTD)
Count
Pioneer Natural Resources Co. 197
EOG Resources, Inc. 173
Chevron Corp 124
110
92
Completions By
County
2022(YTD)
Count
Midland 251
Lea 201
Eddy 178
165
150

 Permian Basin Map

 Permian Basin Rig Data : September 28, 2022


Drilling Trends from May 4, 2011 - September 28, 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 $4,800
Subscribe to See Subscribe to See Subscribe to See Subscribe to See $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
06/28/2022 Earthstone Energy Inc. Titus Oil & Gas Production, LLC Earthstone Acquires Permian Assets of PE-Backed E&P for $575 Million $575
06/27/2022 Sitio Royalties Corp. Momentum Minerals Sitio Royalties Inks $224 Million Deal for Permian Royalty Assets $224
06/27/2022 Sitio Royalties Corp. Foundation Minerals Sitio Royalties Acquires Permian Royalties from PE-Backed Firm for $323MM $323
05/19/2022 Permian Resources Corp. Colgate Energy Partners III LLC Centennial and PE-Backed Colgate Combine $3,900
05/18/2022 Executive Network Partnering Corporation,Granite Ridge Resources Inc. Grey Rock Investment Partners Grey Rock, ENPC Ink $1.3B Business Combination; Form Granite Ridge Resources $1,300
 

  Permian Basin Transactions By Quarter ($MM)