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Texas Independent Producers & Royalty Owners President Ed Longanecker said rig count data is still a strong indicator for production trends and activity, but the innovation and efficiencies ...
Feb. 2—The rig count in the Permian Basin was up one this week, the latest count Friday by Baker Hughes shows, with 311 rigs active in the region. A year ago, 354 rigs were active in the region.
Jan. 19—The rig count in the Permian Basin was down two this week, the latest count Friday by Baker Hughes shows, with 307 rigs active in the region. A year ago, 354 rigs were active in the region.
The group is known for creating the Texas Petro Index, a tool that measures the state of the oil economy. [5] The index considers factors such as rig count, employment within the petroleum industry, petroleum prices, and production levels.
Jul. 12—The rig count in the Permian Basin was unchanged this week, the latest count Friday by Baker Hughes shows, with 305 rigs active in the region. A year ago, 337 rigs were active in the region.
Nabors Industries Limited is an American global oil and gas drilling contractor that has operated since 1972. Based in Houston, Texas, Nabors operates the world’s largest land drilling rig fleet, with around 500 rigs operating in over 25 countries – in almost every significant O&G basin on the planet.
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.