The most active operator continues to be Permian Basin-focused Pioneer Natural Resources at 30 rigs, which includes nine more rigs after closing its acquisition of privately held DoublePoint Energy.
The oil and gas rig count rose eight to 448 in the week to May 7, its highest since April 2020, Baker Hughes Co. said.
Kansas, Oklahoma, Texas Dist. 7B, 7C, 8, 8A, 9, 10
The most notable changes to the number of oil and gas rigs operating in the U.S. during the past month occurred in the Midcontinent (up 12), Gulf Coast (up seven) and Ark-La-Tex (up six) regions.
This is the first week in 2021, according to Enverus, to show an increase of oil and gas rigs operating in the U.S. on a year-over-year basis. The current rig count is up 7% in the last month and up 11% year-over-year.