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Feb. 23—The rig count in the Permian Basin was up 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.
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
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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.
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
In 1991, the company doubled its reserves by acquiring assets from Amoco, including a position in the Permian Basin of West Texas, for $515 million and 2 million shares of the company. [9] [10] In 1992, the company moved its headquarters to Houston, Texas and signed a lease for 220,000 square feet of office space. [11]
Nationally, the oil and gas rig count is up four from last week at 622 rigs. A year ago, 784 rigs were active. The count shows that 500 rigs sought oil, unchanged from the previous week, and 117
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