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Permian Basin rig count falls to three-year low
Like Texas, the Permian Basin was down three rigs to 294 rigs for the week and the lowest level since February 2022. The ...
The rig count in the Permian Basin was down one this week, the latest count Friday by Baker Hughes shows, with 300 rigs active in the region. A year ago, 315 rigs were active in the region.
U.S. rig count drops, with Permian Basin drilling at its lowest since February 2022, according to Baker Hughes.
U.S. energy firms this week cut the total number of rigs operating for a second week in a row, even as the number of oil rigs ...
7—The rig count in the Permian Basin was down one this week ... A year ago, 313 rigs were active in the region. Nationally, the oil and gas rig count is down one from last week at 592 rigs.
3 days OPEC Cuts Oil Production in March ... There was a 3-rig slide in drilling activity in the Permian Basin, falling to 301 in the most proflic basin—a figure that is 15 fewer than this ...
while oil prices saw an increase before the rig data release. Drilling activity in the Permian Basin experienced a slight decline, and the Eagle Ford rig count held steady, both showing decreases ...
Unlike Texas Pacific Land and LandBridge Corporation, Permian Basin Royalty Trust is highly reliant on oil and gas prices ... the asset-light business model, and the outstanding returns on ...
4—The rig count in the Permian Basin was down three this week ... A year ago, 317 rigs were active in the region. Nationally, the oil and gas rig count is down two from last week at 590 rigs.