Texas News: Jan. 2016 drilling and completion statistics

Texas rig count as of Feb. 5 was 262, representing 46% of active rigs in United States

The Railroad Commission of Texas issued a total of 510 original drilling permits in Jan. 2016, compared to 1,102 in Jan. 2015.

The Jan. total included 425 permits to drill new oil or gas wells, five to re-enter plugged well bores and 80 for re-completions of existing well bores.

The breakdown of well types for those permits issued Jan. 2016 included 141 oil, 41 gas, 282 oil or gas, 35 injection, two service and nine other permits.

In Jan. 2016, Commission staff processed 951 oil, 197 gas, 52 injection and four other completions compared to 1,450 oil, 344 gas, 198 injection and five other completions in Jan. 2015.

Total well completions for 2016 year to date are 1,204 down from 1,997 recorded during the same period in 2015. According to Baker Hughes Inc., the Texas rig count as of Feb. 5 was 262, representing about 46 per cent of all active rigs in the United States.

JAN. 2016 TEXAS OIL AND GAS DRILLING PERMITS AND COMPLETIONS