Lea County, New Mexico, extended its winning streak to three weeks, gaining one rig to become the most active county in the ...

With second-quarter earnings reports coming in, East Daley Analytics has begun reading the tea leaves and already gleaned ...

The number of active oil rigs across the United States has dipped to 537, down two from last week and 48 fewer than this time last year, when the count stood at 585. Texas currently reports 255 active ...

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that ...

The total number of active drilling rigs in the United States increased this week, driven by a rise in gas rigs, even as oil ...

Meanwhile Permian Basin drilling activity fell to a three-year low. Oilfield services firm Baker Hughes said Friday its U.S. rig count slipped one rig to 592 rigs for the week.

The number of total oil and gas drilling rigs in the US fell by 2 to 542, resuming their decline after last week's gain followed 11 consecutive weekly declines, Baker Hughes reported.

In total, the rig count in the Permian is up by 128% since the bottom in late April / early May 2016. Virtually all of the rigs added have been horizontal. * Eagle Ford added 3 weeks during the week.

Increasing oil prices are leading to more drilling activity in several major plays in the US, including the prolific Permian basin of west Texas and south-eastern New Mexico. According to a weekly ...

Pumping a record 6.3 million barrels of oil per day and poised to reach 6.6 mb/d next year, the Permian Basin is driven by good prices, technological advances and fact-based optimism that the ...

The Permian Basin’s record oil and natural gas production is being driven by independent oil companies as well as the majors amid the dynamic ongoing development of new technology.