US oil, gas rigs fall 12 to 543 last week
Tuesday, May 25, 2021
The U.S. oil and gas rig count dropped 12 to 543, with both oil and natural gas rigs decreasing by 6, according to rig data provider Enverus.
The Permian Basin saw the biggest loss, dropping four rigs to total 237, followed by the Eagle Ford Shale that lost three to total 41.
In the Appalachian Basin, the Marcellus Shale lost two rigs, bring its total to 33, and the Utica Shale shed one rig to total 11.
Learn more: S&P Global Platts > US oil, gas rigs fall 12 to 543 on week, as industry focuses on recovering oil demand
Leave a Comment
Marcellus & Utica Shale Well Map
Additional Shale Maps
Shale FAQ
What are mineral rights?
Mineral rights are the rights of the owner of the property to mine or produce any resources below the surface of the property. Mineral rights are different from surface rights.
Will I get free natural gas if I allow fracking on my property?
Maybe. It depends on your particular lease agreement. Some companies allow property owners a yearly free gas allowance. But, the process of connecting your property to the gas source may be more complicated. Some companies will provide a hookup, others require the landowner to provide one.