WebAug 5, 2024 · Notably, Permian Basin rig count is down nearly 40% from pre-pandemic levels, significantly lagging the broader oil and gas rig count, which is down just 28% over the same period. But despite laggard drilling activity, improved efficiencies have pushed Permian production to near pre-COVID levels. WebSep 13, 2024 · Permian Oil Drilling Rig Count Falls for Two Straight Weeks Zacks Equity Research September 13, 2024, 1:09 PM · 4 min read In its weekly release, Baker Hughes Company BKR reported that the...
Permian gears up for M&A bonanza as PE steers toward the exits
WebQuantum Commodity Intelligence - North American drilling activity was lower the week ending 14 April, despite a gain in the Permian Basin, oilfield services firm Baker Hughes … WebApr 6, 2024 · April 6, 2024 / 12:29 PM North American drilling activity slumped, rig counts show By Daniel J. Graeber 1/2 Rig counts show North American exploration and production work declined last... lannie hough carlton fields
Texas adds rigs for fourth straight week, Eddy County leads Permian …
WebQuantum Commodity Intelligence - North American drilling activity was lower the week ending 14 April, despite a gain in the Permian Basin, oilfield services firm Baker Hughes reported. The total weekly rig count fell by three units to 748 , although up by around 8% up from the same time last year. The number of rigs dedicated to crude dipped by ... WebFeb 20, 2024 · And yet the Permian rig count has been resilient – latest oil count 349 (O+G current 352) vs. a recent peak of 353 (357). The US rig count is down ~25 rigs from its recent peak of ~770 and likely bleeds lower near-term (Haynesville). ... Maintaining 2-rig, 1-crew program in 2024 for ~10% production growth. Spending limited to 55% of EBITDAX ... WebApr 12, 2024 · Tailwater Royalties recently announced it is scooping up 1,877 net royalty acres in the Permian Basin, Eagle Ford and Haynesville shales in a series of acquisitions. … henckels solutions knives