The Midland Basin depleted its inventory of excess DUCs the most last year, falling from two months of runway to one during ...

Texas followed ... from 167 last year. The Midland Basin fell three rigs to 100 rigs, down 15 rigs or 13% from 115 a year ago. Looking at Enverus’ trailing 30-day drilling permits, the Permian ...

The total includes 607 to drill new oil or gas wells, six to re-enter plugged wellbores, and 53 for re-completions, the RRC ...

U.S. drilling activity increased with the Permian Basin leading the surge, as Baker Hughes reports a rise in rig count for ...

located in the Permian Basin (Texas, USA), under the joint-venture established in July 2019. This agreement, reached by the companies, includes a drilling plan for 34 wells between April 2025 and ...

Baker Hughes reports a rise in US drilling activity, with the rig count increasing by four to 586, marking a second consecutive weekly gain.