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Permian Basin Rig Count
(as of 09/23/2020)

  Count Change From
Previous Week
Change From
Previous Year
Gas Count 2 -1 -9
Oil Count 98 -7 -199
Oil & Gas Count 21 1 -66

Top Permian Basin Operators By Rig Count/Locations
(as of 09/23/2020)

Operator Current Week Previous Week Change Change From Last Year
Subscribe to See 16 18 -2 -39
Concho Resources, Inc. 8 8 --- -10
Subscribe to See 7 9 -2 -1
Subscribe to See 7 7 --- -11
Subscribe to See 5 5 --- -12
Subscribe to See 5 5 --- +5
Subscribe to See 5 6 -1 -12
Subscribe to See 5 7 -2 ---
Subscribe to See 4 4 --- -2
Subscribe to See 4 3 +1 -4


Top Permian Basin County By Rig Count/Locations
(as of 09/23/2020)

County Current Week Previous Week Change Change From Last Year
Subscribe to See 24 26 -2 -22
LEA 19 20 -1 -39
Subscribe to See 18 17 +1 -16
Subscribe to See 17 14 +3 -32
Subscribe to See 9 10 -1 -16


 Permian Basin Top Operators
(Undrilled-Permits)
Company    Last 12 Months
EOG Resources, Inc.    438
Occidental Petroleum Corp    289
Devon Energy Corp    272
   224
   221
   177
   152
   133

   Drilling Permits Trends ( Last 24 Months)


Permian Basin - Drilling Permits ( August 24, 2020 - September 23, 2020)
Date Approved county Well Name Well type Well Bore Type Field/Zone Well Status
ExxonMobil
09-11-2020 Eddy Poker Lake Unit 21 Lincoln Fee Swd #001 Oil Vertical Undrilled
Boyd Mcwilliams Operating Llc
09-09-2020 Winkler Cop 23 1h Oil Horizontal Keystone (wolfcamp) Undrilled
Steward Energy II LLC
09-09-2020 Yoakum What A Mellon 519 15h Oil Horizontal Platang (san Andres) Undrilled
09-09-2020 Reeves Vintage C U 19h Oil & Gas Horizontal Phantom (wolfcamp) Undrilled
09-09-2020 Reeves Vintage D T 26h Oil & Gas Horizontal Phantom (wolfcamp) Undrilled
09-09-2020 Crane Landlubber 34 Oil Vertical Sand Hills (clear Fork) Undrilled
09-08-2020 Crane Waddell Tr A 3036 Oil & Gas Vertical Sand Hills (clear Fork) Undrilled
09-08-2020 Crane Waddell Tr A 3038 Oil & Gas Vertical Sand Hills (clear Fork) Undrilled
09-08-2020 Midland Winkleman 9 Swd 1 Swd Vertical Spraberry (trend Area) Undrilled
09-08-2020 Dickens Brinkman 1 Oil & Gas Vertical Wildcat Undrilled

  Permian Basin - Drilling Activity (2016 - 2020 YTD)


 Permian Basin - Well Completion Trend


Completions By
Company
2019(YTD)
Count
ExxonMobil 757
Pioneer Natural Resources Co. 572
Concho Resources, Inc. 465
462
461
Completions By
County
2019(YTD)
Count
Reeves 1064
Midland 1039
Martin 894
784
637

 Permian Basin Map

 Permian Basin Rig Data : September 23, 2020


Drilling Trends from May 4, 2011 - September 23, 2020

 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 $12
Subscribe to See Subscribe to See Subscribe to See Subscribe to See $5,000
06/04/2020 Pegasus Resources Black Stone Minerals, L.P. Black Stone Sells Off Permian Interests for $95 Million $96
06/04/2020 Not Disclosed Black Stone Minerals, L.P. Black Stone Unloads Midland Basin Mineral, Royalty Interests $55
05/04/2020 Pure Acquisition Corp. HighPeak Energy Pure Acquisition Acquires HighPeak in $845 Milliion Permian Deal $845
04/14/2020 Not Disclosed Ring Energy Inc. Ring Energy Sells Off Delaware Basin Asset for $31.5 Million $32
02/17/2020 Not Disclosed Lilis Energy Inc. Lilis Sells Delaware Basin Acreage for $25MM as Debt Load Mounts $24
02/12/2020 Laredo Petroleum Inc. Not Disclosed Laredo Petroleum Bolts On Midland Basin Acreage for $22.5MM $23
02/04/2020 Alpine Energy Capital Approach Resources, Inc. CANCELLED : Alpine Energy Capital Acquires Approach Resources $193
01/23/2020 BlackGold Capital Management Not Disclosed BlackGold Acquires Midland Basin Mineral Rights ---
 

  Permian Basin Transactions By Quarter ($MM)