The US oil and gas rig count slipped by one to 406 in the week ending Jan. 6, rig data provider Enverus said, with the Permian Basin posting a six-rig loss in the biggest change of all major basins. As industry looks forward to a more stable year following a 2020 thrashed by the pandemic and low crude prices, rigs in the Permian of West Texas/New Mexico fell to 176 to start 2021, dialing activity back to month-ago levels. Still, Permian activity rose in December to average 181 rigs, besting the November average of 165, even with holiday fallbacks in the basin’s […]