Permian Region Rig Count is at a current level of 317, up from 315 last month and down from 356 one year ago. This is a change of 0.63% from last month and -10.96% from one year ago. View monthly updates and historical trends for Permian Region Rig Count (DISCONTINUED).
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From January to June 2025, new well permits in the Permian totaled approximately 3,828, based on daily activity and forecasted June completions. That’s a 15.9% decline compared to the same period in 2024, which recorded 4,551 permits..
From January to June 2025, new well permits in the Permian totaled approximately 3,828, based on daily activity and forecasted June completions. That’s a 15.9% decline compared to the same period in 2024, which recorded 4,551 permits..
Permian Basin and Texas continued their declines in count of active drilling rigs. Baker Hughes said as of Aug. 15 there were 255 rigs in Permian (down 1 in the past week, down 48 or 16 percent from 303 a year ago) and 242 rigs in Texas (down 1 in past week, down 31 or 11 percent from 273 a year. .
From January to June 2025, new well permits in the Permian totaled approximately 3,828, based on daily activity and forecasted June completions. That’s a 15.9% decline compared to the same period in 2024, which recorded 4,551 permits. This drop suggests a softening of drilling appetite, especially. .
Count of active drilling rigs in U.S. continued its decline, but the count in Permian Basin remained at 304 for the seventh straight week. The last gain in the U.S. count was Dec. 6, 2024 (the only weekly gain since Oct. 11, 2024). Baker Hughes said as of Jan. 17 there were 580 rigs in U.S. (down 4.
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Drilling derricks and Rig Masts consist of a steel framework with a square or rectangular cross-section. Their purpose is to support the hoisting equipment and rack the tubulars while tripping pipe. The number of joints in a stand (single-double-triple) that the rig can pull is dependent on the height of the derrick. .
The Drawworks is one of the most important components of the drilling rig (types of drilling rigs). The unit supplies the hoisting power, the. .
The Crown Blockas a drilling rig component is a fixed set of pulleys (called sheaves) located at the top of the derrick or mast, where the drilling line is threaded. The companion blocks to these pulleys are the traveling blocks. By using two sets of blocks in this fashion,. .
The Traveling Blockis a set of sheaves (pulleys) that move up and down in the derrick. The drilling line is threaded (reeved) over the. .
Attached to the bottom of the traveling blocks, the hook is required to hang the swivel and rig kelly(for drilling) and the elevator bales (for tripping pipe and casing). .
• (#22) is a section of large diameter pipe fitted to the top of the that the attaches to via a side outlet, to allow the to flow back to the .• (BOPs) (#23 and #24) are devices installed at the wellhead to prevent fluids and gases from unintentionally escaping from the . #23 is the annular (often referred to as Hydril named after a manufacturer), and #24 is the pipe rams and blind rams.
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