Slight increase in US rig activity reported by Enverus

 

The U.S. rig count inched up by one in the last week to 639 as of Oct. 20, according to Enverus Rig Analytics. The count is up 4% over the last month and up 95% in the last year.

The largest week-over-week changes occurred in the Gulf Coast, where four rigs were added. The Permian and Anadarko basins dropped by four rigs each to hit 237 and 54, respectively.

All major plays tallied month-over-month increases except the Anadarko Basin, which was flat. The Permian added the most rigs, at seven, with an increase of three on the New Mexico side, to 75, and four more on the Texas side, to 162.

The most notable county-level change was in Lea County, New Mexico, where five rigs have been added. At 51 total, Lea is by far the most active county in the basin—followed by Midland County, Texas, where 29 rigs are running.

Drilling down further, Mewbourne Oil has added the most rigs in Lea County over the last month, with three new rigs bringing its total to seven. Only EOG Resources is running more rigs in Lea at nine, up by two on the month.