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Tag: 0014000001llTPXAA2

Patterson-UTI Permian Rig Activity YTD: 56 Rigs and 1,189 Wells Drilled

August 15, 2026 Author: phinds Category: Oil & Gas News

Patterson-UTI’s Permian Basin activity shows 1,189 wells drilled across 56 rigs YTD, with roughly 71% of activity concentrated in New Mexico and the balance in Texas. Mewbourne, Chevron, and Matador account for about 76% of the wells, while most Patterson rigs appear dedicated to a single operator.

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