WellDatabase

The Energy News Beat Weekly Rig Count - Sponsored by WellDatabase Houston, TX – April 21, 2026 – The latest U.S. rotary rig count data shows a modest pullback in drilling activity. According to Baker Hughes, the total U.S. rig count for the week ending April 17, 2026, stands at 543 rigs, down 2 rigs week-over-week from 545 the prior week. Oil-directed rigs slipped by 1 to 410, while gas-directed rigs fell by 2 to 125. Miscellaneous rigs edged up by 1 to 8. Year-over-year, the total rig count is down 42 rigs (about 7.2%) from 585 rigs at this time last year. This marks the second consecutive weekly decline after a brief uptick earlier in April, though the overall count has remained relatively stable in the low- to mid-540s range in recent months. The slowdown is modest but continues a broader year-over-year trend of reduced drilling activity as operators prioritize capital discipline amid market conditions. Enverus and WellDatabase Cross-Check Enverus’ daily rig count, which tracks more than 95% of the U.S. rig fleet via GPS units and provides near real-time data, shows a higher figure than the weekly Baker Hughes snapshot. As of April 20, 2026, Enverus reported 570 active rigs, reflecting daily fluctuations but aligning with a similar slight downward trend in recent days (down about 2.1% day-over-day in the latest reading, with a modest +0.5% change over the past month and a larger -11.8% year-over-year decline). WellDatabase’s weekly Rig Report (including the user-referenced RigReport 4 21.pdf) aligns exactly with Baker Hughes national totals (543 rigs) while offering enhanced granularity such as county-level mapping, basin-specific oil/gas splits, permit cross-referencing, historical charts, and operator details. This provides deeper visibility into regional activity, confirming the national slowdown while highlighting pockets of stability in core areas like the Permian Basin. Oil and Product Storage Levels (EIA Data)The latest EIA Weekly Petroleum Status Report (for the week ending April 10, 2026) showed the following key inventory changes: We cross-reference data against BakerHughes and Enverus, and we are really impressed with the results from Welldatabase. We highly recommend WellDatabase! And links are in the comments.

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Let’s talk about “current” upstream data. Production? 1–2 month filing lag (at minimum) FracFocus? ~1–2 months after operations Texas completions? ~90–150 day filing window Quarterly production? Shows up well into the next quarter → ~ 4-6 months behind reality Annual reports? 4–6 months into the next year → ~18 months behind reality And even then… that’s not the full picture. Because: • Reporting quality varies operator to operator • Unit volumes follow different rules • Data keeps getting revised and backfilled • Some operators never fully report → think bankruptcy, cleanup, etc. And on top of that: • Confidential status can delay visibility further (for very little cost) • If operators are given a filing window… they tend to use it Not because anything is broken — but because there’s no incentive to give information away early. That’s just how the game is played. And even beyond filing delays, HUGE backlogs at state agencies and the BLM mean some data simply isn’t public yet — with no clear end in sight. So “latest data” isn’t actually current. It’s a stitched timeline of delays, incentives, and partial visibility. The system rewards compliance within a window — not speed of disclosure. At WellDatabase, we build for that reality. #OilAndGas #EnergyData #Upstream #WellDatabase #DataReality

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They say a picture tells a thousand words. NuTech's IRAD will show you where the laterals are landed. By bench. These are done with real deviation surveys put into a 3D model. Not reported. Not feels like. Not should be. These are updated quarterly for all basins. You can plot them against reservoir properties. Porosity, perm, thickness, GIIP or OOIP? You bet. Combine that with the WellDatabase production and you have the first joint offering of production and geology. Don't loose sleep doing it yourself. Sign up for a free trial now by contacting me because, Yeah, IRAD can do that.

Save this for the next time you log on to WellDatabase. Identify operators that actually compare. Filter your area, group by operator, and sort by well count to find companies of similar size. Then compare production, refine your list, and analyze performance across dashboards. Learn how: https://lnkd.in/efJA_Dzc

Want to give your geologist and data manager weeks of their time back? WellDatabase ensures that the data your geologists are using doesn’t need to be checked for inaccuracies or expiration in their data. Send them a link to this 15-minute demo and ask them what they think: https://lnkd.in/eUHpZTMi