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Permian Basin Rig Count
(as of 08/10/2020)

  Count Change From
Previous Week
Change From
Previous Year
Gas Count 2 No change -12
Oil Count 121 -1 -260
Oil & Gas Count 4 -1 -11

Top Permian Basin Operators By Rig Count/Locations
(as of 08/10/2020)

Operator Current Week Previous Week Change Change From Last Year
Subscribe to See 25 28 -3 -21
Concho Resources, Inc. 9 9 --- -10
Subscribe to See 9 9 --- ---
Subscribe to See 7 7 --- +3
Subscribe to See 7 6 +1 -11
Subscribe to See 6 6 --- -17
Subscribe to See 6 6 --- -2
Subscribe to See 4 5 -1 -13
Subscribe to See 4 4 --- +3
Subscribe to See 4 4 --- +4


Top Permian Basin County By Rig Count/Locations
(as of 08/10/2020)

County Current Week Previous Week Change Change From Last Year
Subscribe to See 28 29 -1 -17
MARTIN 19 14 +5 -14
Subscribe to See 19 21 -2 -38
Subscribe to See 12 12 --- -34
Subscribe to See 11 11 --- -16


 Permian Basin Top Operators
(Undrilled-Permits)
Company    Last 12 Months
EOG Resources, Inc.    384
Occidental Petroleum Corp    257
ExxonMobil    237
   217
   203
   186
   151
   135

   Drilling Permits Trends ( Last 24 Months)


Permian Basin - Drilling Permits ( July 11, 2020 - August 10, 2020)
Date Approved county Well Name Well type Well Bore Type Field/Zone Well Status
Steward Energy II LLC
07-31-2020 Lea Combo Fee #001 Oil Vertical San Andres Formation Undrilled
Stanolind Production LLC
07-29-2020 Sterling Conger, F 7 8 Oil Vertical Conger (leonard) Undrilled
Founders Oil and Gas LLC
08-03-2020 Ector Millard -b- 1 Oil Vertical Jordan (wolfcamp) Undrilled
07-29-2020 Ector Millard 'd' 23 Oil Vertical Jordan (devonian) Undrilled
07-29-2020 Winkler Wild Hogg 1403r Oil & Gas Vertical Monahans, North (clearfork) Undrilled
07-24-2020 Yoakum Rr-googins 2494h Pooled Unit 2494h Oil Horizontal Platang (san Andres) Undrilled
07-23-2020 Midland Rio Frio 25-32 Unit 1 223 Oil Horizontal Spraberry (trend Area) Undrilled
07-23-2020 Midland Rio Frio 25-32 Unit 1 131 Oil Horizontal Spraberry (trend Area) Undrilled
07-23-2020 Midland Rio Frio 25-32 Unit 1 232 Oil Horizontal Spraberry (trend Area) Undrilled
07-23-2020 Midland Rio Frio 25-32 Unit 1 241 Oil Horizontal Spraberry (trend Area) Undrilled

  Permian Basin - Drilling Activity (2016 - 2020 YTD)


 Permian Basin - Well Completion Trend


Completions By
Company
2019(YTD)
Count
ExxonMobil 711
Pioneer Natural Resources Co. 498
Occidental Petroleum Corp 450
442
433
Completions By
County
2019(YTD)
Count
Reeves 1038
Midland 965
Martin 827
731
590

 Permian Basin Map

 Permian Basin Rig Data : August 10, 2020


Drilling Trends from May 4, 2011 - August 10, 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 $5,000
Subscribe to See Subscribe to See Subscribe to See Subscribe to See $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 To Acquire 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 ---
01/09/2020 Kimbell Royalty Partners LP Springbok Energy Springbok Sells Mineral Interests to Kimbell for $175MM; Multiple Plays $175
 

  Permian Basin Transactions By Quarter ($MM)