The U.S. rig count is down 0.7% in the last month, but up 75% year-over-year, according to Enverus Rig Analytics.
Today’s featured Forty Under 40 honoree is Will Todd, CEO of Bedrock Energy Partners, which currently owns and operates gas-weighted properties in the Barnett Shale.
According to Enverus Rig Analytics, the U.S. rig count is nearing levels seen in March 2020, the start of COVID-related shutdowns.
The largest week-over-week changes to the U.S. rig count occurred in the Permian, which added four rigs, and the Anadarko Basin, which added three.
The largest week-over-week increase to the U.S. rig count occurred in the D-J Basin, which gained four rigs, followed by the Anadarko Basin with a two-rig increase.
The U.S. rig count rose 3% in the last month with 19 rigs added in the Permian Basin alone, and several operators are planning to drill for more gas.
Here’s a quicklist of oil and gas assets on the market including APX Energy nonoperated properties across Illinois and Indiana plus several new packages from Pioneer Natural Resources, Hilcorp Energy and Endeavour Energy Resources.
The largest week-over-week gains to the U.S. rig count occurred in the Gulf Coast and the Anadarko Basin. Meanwhile, the Permian had the largest loss at seven rigs.
Rig count, crude futures fall slightly, shale basin gas production rises
Sage Natural Resources LLC retained EnergyNet for the sale of a Barnett Shale opportunity in North Texas across Hood and Parker counties including operations and nonoperated working interest.