Texas Leads the Nation in Drilling Activity

Texas continues to lead the nation in drilling activity, and by a bunch.

The state has 840 rigs drilling for oil or gas – about 47.7 percent of all U.S. rigs and 26.3 percent of all rigs worldwide, according to the latest Baker Hughes Rig Count.

Most of the Texas rigs are working in the Permian Basin (402), the Eagle Ford Shale in South Texas (232), the Granite Wash in the Panhandle (41), the Barnett Shale in North Texas (32) and the Haynesville Shale in East Texas (17).