The weekly U.S. rig count published by Enverus Rig Analytics showed an increase by 14 to 720 as of Feb. 2.
The Austin, Texas company said the daily count actually reached as high as 724 during the week compared to a peak of 716 in the previous week.
The rig count as of Feb. 2 is up by 5% from a month earlier and up 63% YOY.
The largest weekly changes were in the Permian (plus 11 to 278) and Gulf Coast (plus nine to 90). In the Permian, nine of the 11 additions were on the Texas side of the basin. Pioneer Natural Resources remains the most active Permian driller with 26 active rigs.
The Anadarko Basin, reported Enverus had a decline of 3 rigs.
On the Gulf Coast, the count hasn’t been this high since the end of October 2019. ConocoPhillips is the most active operator in the region with five rigs, the same number it’s been running since the beginning of December.
