Oil & Gas Quarterly Market Intelligence is the the collection, analysis, and application of data related to oil and gas projects Q12025 to help understand and evaluate market trends, opportunities, and risks
MidCon Quarterly Report


Oil & Gas Quarterly Market Intelligence is the the collection, analysis, and application of data related to oil and gas projects Q12025 to help understand and evaluate market trends, opportunities, and risks

Our team tracked 878 drilling records in Q1 2025, a 2.7% increase over Q1 2024, signalling renewed investment and confidence across the patch.

Oil & Gas Quarterly Market Intelligence is the the collection, analysis, and application of data related to oil and gas projects Q12025 to help understand and evaluate market trends, opportunities, and risks

This week’s rig count reflects a market in transition—steady oil drilling in some regions, sharp pullbacks in gas, and an overall trend of strategic restraint by operators. With the Permian Basin hitting a two-year low in rig activity and gas drilling at its weakest point since late 2024

The West Texas Oil Companies Directory is a compiled directory of oil & gas companies operating in the West Texas, one of the most prolific oil and gas-producing regions in the United States.

Helmerich & Payne led the field with 580 wells drilled, followed by Patterson-UTI, Nabors, Ensign, and AKITA. These five contractors together accounted for nearly 75% of all wells drilled in Q1 2025.

One of the most notable trends in recent years has been the acceleration of multi-well stimulation strategies—techniques where multiple wells are fractured simultaneously. From DualFrac to QuadFrac, what began as isolated pilots has now become an industry-wide shift toward efficiency, consistency, and scale.

Chevron has begun scaling up a cutting-edge well completion strategy known as triple-frac, which fractures three wells at the same time. After a successful pilot in 2024, the company now plans to use the technique on 50% to 60% of its Permian wells in 2025—up from just 20% last year.

The first quarter of 2025 saw a slight dip in drilling activity across the Haynesville region compared to the same period in 2024.

New Height Energy, LLC, a growing player in the Permian Basin, has officially acquired 25 air permits from SM Energy Company, marking a significant operational expansion in Howard County, near Big Spring, Texas.
