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

Permian Basin Rig Count
(as of 10/30/2020)

  Count Change From
Previous Week
Change From
Previous Year
Disposal Count -1 No change
Gas Count 6 1 -7
Oil Count 102 -2 -188
Oil & Gas Count 27 -1 -54

Top Permian Basin Operators By Rig Count/Locations
(as of 10/30/2020)

Operator Current Week Previous Week Change Change From Last Year
Subscribe to See 14 15 -1 -42
Devon Energy Corp 8 9 -1 +1
Subscribe to See 8 7 +1 -10
Subscribe to See 8 8 --- -9
Subscribe to See 7 7 --- -10
Subscribe to See 7 7 --- +2
Subscribe to See 6 5 +1 +6
Subscribe to See 5 5 --- -12
Subscribe to See 4 2 +2 +2
Subscribe to See 4 4 --- -2


Top Permian Basin County By Rig Count/Locations
(as of 10/30/2020)

County Current Week Previous Week Change Change From Last Year
Subscribe to See 24 25 -1 -19
LEA 22 22 --- -37
Subscribe to See 17 22 -5 -12
Subscribe to See 16 15 +1 -33
Subscribe to See 11 8 +3 -37


 Permian Basin Top Operators
(Undrilled-Permits)
Company    Last 12 Months
EOG Resources, Inc.    420
Occidental Petroleum Corp    275
Devon Energy Corp    230
   230
   180
   171
   162
   122

   Drilling Permits Trends ( Last 24 Months)


Permian Basin - Drilling Permits ( September 30, 2020 - October 30, 2020)
Date Approved county Well Name Well type Well Bore Type Field/Zone Well Status
Cimarex Energy Co.
10-23-2020 Culberson Spectacular Bid 22 State Unit 1h Oil & Gas Horizontal Derby (bone Spring) Undrilled
10-23-2020 Culberson Spectacular Bid 22 State Unit 2h Oil & Gas Horizontal Derby (bone Spring) Undrilled
10-23-2020 Culberson Spectacular Bid 22 State Unit 3h Oil & Gas Horizontal Derby (bone Spring) Undrilled
10-23-2020 Culberson Spectacular Bid 22 State Unit 4h Oil & Gas Horizontal Derby (bone Spring) Undrilled
10-23-2020 Culberson Spectacular Bid 22 State Unit 5h Oil & Gas Horizontal Derby (bone Spring) Undrilled
10-23-2020 Reeves Sky Pilot 57-46 East Unit E 5h Oil & Gas Horizontal Ford, West (wolfcamp) Undrilled
10-23-2020 Reeves Sky Pilot 57-46 West Unit F 6h Oil & Gas Horizontal Ford, West (wolfcamp) Undrilled
10-23-2020 Reeves Sky Pilot 57-46 West Unit J 10h Oil & Gas Horizontal Ford, West (wolfcamp) Undrilled
Flat Creek Resources LLC
10-22-2020 Reeves State Lyssa 49-18-7 Wa 1h Oil Horizontal Hoefs T-k (wolfcamp) Undrilled
Clear Brooke Ranches, LLC
10-22-2020 Coke Surge Higgins Ranch 2 Oil Vertical Water Valley (san Angelo) Undrilled

  Permian Basin - Drilling Activity (2016 - 2020 YTD)


 Permian Basin - Well Completion Trend


Completions By
Company
2019(YTD)
Count
ExxonMobil 779
Pioneer Natural Resources Co. 579
Occidental Petroleum Corp 484
483
476
Completions By
County
2019(YTD)
Count
Midland 1104
Reeves 1091
Martin 939
799
698

 Permian Basin Map

 Permian Basin Rig Data : October 30, 2020


Drilling Trends from May 4, 2011 - October 30, 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 ---
Subscribe to See Subscribe to See Subscribe to See Subscribe to See ---
10/20/2020 Pioneer Natural Resources Co. Parsley Energy Inc. Pioneer to Acquire Parsley Energy for $7.6B in 'Family Affair' Deal $7,600
10/19/2020 ConocoPhillips Concho Resources, Inc. Conoco to Acquire Concho Resources in $9.7B All-Stock Transaction $9,700
10/01/2020 Kimmeridge Energy Callon Petroleum Co. Callon / Kimmeride Signs $140 Million ORRI In Delaware Basin $140
09/28/2020 Devon Energy Corp WPX Energy, Inc. Devon Energy to Acquire WPX Energy In All Stock Deal $5,630
09/11/2020 Northern Oil and Gas, Inc. Not Disclosed Northern Oil Dives into the Delaware Basin; Acquires Non-Op Assets $12
09/08/2020 Zarvona Energy LLC Approach Resources, Inc. Zarvona Acquires Approach Resource's Assets $116
07/20/2020 Chevron Corp Noble Energy, Inc. Chevron to Acquire Noble Energy in All-Stock Deal; $13B Including Debt $13,000
06/04/2020 Pegasus Resources Black Stone Minerals, L.P. Black Stone Sells Off Permian Interests for $95 Million $96
 

  Permian Basin Transactions By Quarter ($MM)