American Rig Report·Nov 3Three weeks flat at 603 rigs, but the Count-Firms can't agree on whyBaker Hughes, WellDatabase and Enverus report 603, 606 and roughly 645 active U.S. rigs for the same week, a gap of more than 40 units.
American Rig Report·Oct 2U.S. rig count tops 599 as two data firms disagree by 30 rigsBaker Hughes logged a fourth straight weekly gain while WellDatabase recorded a 26-rig drop after North Dakota reclassified its Williston…
American Rig Report·Sep 15Williston adds 5 rigs in a week as permian utilization keeps slidingBaker Hughes counted 591 active U.S. rigs on September 11, up 3, but the headline number hides a 269-to-279 Permian retreat and the largest…
Novi Labs·Oct 27, 2023Understanding GOR In Unconventional Play: Why is GOR relatively stable in the Permian?There’s been a lot of talk about Gas-Oil Ratio (GOR) in the Permian. But GOR in the Permian has been VERY stable compared to the other…
Novi Labs·Jun 16, 2023In April, Permian tight oil production reached nearly 5.3However, with WTI down significantly, the impact on drilling activity also starts to become visible now. More on this, Permian well…
Kay Rieck·Dec 3, 2021Still waiting on the new normal — Kay Rieck2021 was always going to bring significant change to the oil and gas sector, so the fact that mergers and acquisition activity is up…
Novi Labs·Feb 16, 2021Permian Basin — November saw a small increase in oil output and with the current rig count…Although it was mighty cold in the region in the past few days, the outlook is getting warmer for the Permian Basin.
Novi Labs·Nov 19, 2020Oil production in the Permian — August 2020August tight oil production in the Permian was slightly below the year ago level, at almost 3.8 million b/d. We share our production…
Travis Newkumet·Jul 16, 2019Economic Development and the Permian BasinAn oil and gas entrepreneur, Travis Newkumet serves as chief executive officer of Regions Permian LLC, which he co-founded, and of Regions…
Travis Newkumet·Jul 12, 2019Oil and Gas Development — The Permian BasinTravis Newkumet leads two Midland, Texas-based firms committed to oil and gas development in the Permian Basin region of the United States…
