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Aug. 9—The rig count in the Permian Basin was up one this week, the latest count Friday by Baker Hughes shows, with 304 rigs active in the region. A year ago, 327 rigs were active in the region.
Nationally, the oil and gas rig count is up two from last week at 586 rigs. A year ago, 669 rigs were active. The count shows that 477 rigs sought oil, down one from the previous week, and 103 ...
Aug. 23—The rig count in the Permian Basin was up three this week, the latest count Friday by Baker Hughes shows, with 306 rigs active in the region. A year ago, 320 rigs were active in the region.
May 10—The rig count in the Permian Basin was down two this week, the latest count Friday by Baker Hughes shows, with 314 rigs active in the region. A year ago, 353 rigs were active in the region.
Oil reserves in the Permian Basin were first documented by W.H Abrams in Mitchell County, West Texas in 1920. The first commercial well was opened a year later in 1921, in the newly discovered Westbrook Oil Field in Mitchell County, at a depth of 2,498 feet (761 m). Initially, the Permian Basin was thought to have a bowl-like shape, with ...
Nationally, the oil and gas rig count is down two from last week at 616 rigs. A year ago, 779 rigs were active. The count shows that 494 rigs sought oil, down two from the previous week, and 118
This has allowed the integration electronic data between the rig and the directional drilling tools as well as cutting costs. [ 3 ] In January 2018 Trinidad announced it would be moving eight rigs, two from Canada, three from Saudi Arabia, and three from other areas of the US, to the Permian Basin area in West Texas and New Mexico . [ 4 ]
Nationally, the oil and gas rig count is down one from last week at 584 rigs. A year ago, 675 rigs were active. The count shows that 478 rigs sought oil, down one from the previous week, and 100