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All of the Crude plus Condensate (C + C) production data, oil, for the US state charts comes from the EIAʼs PSM, which ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
The oil and gas rig count fell by six to 578 in the week to May 9. Baker Hughes said this week's decline puts the total rig count down 25, or 4% below this time last year.
On the chart we have circled several time periods -two in red, one in blue and one in green. As can be seen, the sharp fall in the rig count over the past 10 months compares to the fall in 1985 ...
Still, the rig count remains 36 rigs or 6% below the 629 reported last year. For the month of February, Baker Hughes’ rig count was up 11 rigs, the biggest monthly gain since November 2022.
The rig count in the Permian Basin was down two this week, the latest count Friday by Baker Hughes shows, with 287 rigs active in the region. A year ago, 316 rigs were active in the region. Nationally ...
Apr. 18—The rig count in the Permian Basin was unchanged this week, the latest count Thursday by Baker Hughes shows, with 289 rigs active in the region. A year ago, 318 rigs were active in the ...