Rig activity shoots up in Permian Basin but falls in Anadarko Basin

 

The number of rigs running in the U.S. rose by 13 in the last week to 587 as of Aug. 25, according to Enverus Rig Analytics. The count is up 3% on the month and up 115% since this time last year.

The largest week-over-week changes occurred in the Permian Basin (plus nine to 237) and the Williston Basin (plus four to 26). The Williston number is a 2021 high for the basin, while the Permian hit a daily YTD high of 241 three days earlier on Aug. 22.

In the Gulf of Mexico, there are 25 rigs running, up 47% YOY. That number is likely to temporarily dip in the next week as a tropical storm or hurricane is expected to hit the area. The most active operators are Shell with seven rigs, Chevron with four and BP with two.