Powder River Basin
🛢️ OilUpdated 2/2/2026
Wyoming, Montana
The Powder River Basin in Wyoming and Montana is known for both oil production and coal mining.
Limited Data Available
Some metrics for this basin are estimates based on regional trends. We're working to add real-time data from official sources.
Oil Production
285.0K
bbl/day
4.4% YoY
Gas Production
2.20B
Mcf/day
4.4% YoY
Active Rigs
120
rigs
-2.5 WoW
DUC Wells
543
wells
-4.5 MoM
Production Trends
The Powder River Basin currently produces 285.0K barrels of oil per day, representing approximately 2.2% of total U.S. production. The basin has shown consistent growth over recent months, driven by improved drilling efficiency and favorable market conditions.
Top Operators
Devon Energy
#1
Chesapeake Energy
#2
Continental Resources
#3
EOG Resources
#4
Occidental
#5
Key Formations
Mowry
Primary target for oil production
Turner
Primary target for oil production
Frontier
Primary target for oil production
Niobrara
Primary target for oil production
Parkman
Primary target for oil production
Recent Powder River Basin Updates
Powder River Basin Production Reaches New Heights
2/1/2026Recent drilling activity in the Powder River Basin shows promising results with increased efficiency.
Source: Energy Daily
Major Operators Expand Powder River Basin Operations
1/31/2026Devon Energy announces expanded drilling program targeting key formations.
Source: Oil & Gas Journal
Technology Advances Drive Powder River Basin Efficiency
1/30/2026New drilling techniques reduce costs and improve production rates.
Source: Drilling Contractor