22 Jun 2014 More
Permian Basin Rig Count Falls by Three to 553posted by Brown Books @ 10:23 0 Comments
The number of active rigs in the Permian Basin declined by 3 to 553 last week, this according to the industry leader Baker Hughes. In District 8 alone, which includes oil-rich Midland, there were 320 rigs alone. While the number did decline from last week, year-over-year shows an increase of 85 rigs in the basin. The total for the whole state of Texas last week was 889, this up from 843 for the same time last year.
The Top 10 states by rig include:
1) Texas: 889
2) Oklahoma: 200
3) North Dakota: 170
4) Louisiana: 109
5) New Mexico: 90
The number of active rigs for the US moved up to 1858 while Canada also moved up to 265.
Also from Brown
If you're in the oil business then you know just how important your tools are. Come check out all the great tools at our news tools division site, BrownToolBox.com.
If you like keeping up with news and events, we invite you to come see our new oil & gas media site, BrownPetro.com.
Brown Book Shop, est. in 1946, is America's leading technical bookstore. Brown Knows Books.