As Q1 2025 wraps up, early well drilling activity gives us a strong indicator of what to expect for the full year. We analyzed drilling data from over 1,900 oil and gas operators and spotlighted the Top 10 companies based on wells drilled so far in 2025.
Using Q1 activity as a baseline, we applied a straightforward estimate by multiplying Q1 wells by 4—assuming consistent pace throughout the year.
📈 Key Findings:
- XTO Energy (ExxonMobil) and ConocoPhillips are set to lead 2025 drilling.
- Permian-focused producers dominate the list, underscoring the basin’s strategic importance.
- Early trends suggest 2025 could rebound modestly from the 2024 dip in U.S. well counts.
📌 Why it matters: Tracking well counts early in the year helps service providers, investors, and suppliers align strategies with operator activity. These insights can inform sales planning, resource allocation, and business development efforts across the energy value chain.
