Texas drilling permits, completions statistics for February 2017

Rig count as of March 10 was 392, representing 51% of all active rigs in US

The Railroad Commission of Texas issued a total of 991 original drilling permits in Feb. compared to 573 in Feb. 2016.

The Feb. total included 847 permits to drill new oil or gas wells, 11 to re-enter plugged well bores and 133 for re-completions of existing well bores.

The breakdown of well types for those permits issued Feb. included 258 oil, 37 gas, 640 oil or gas, 43 injection, one service and 12 other permits.

In Feb., Commission staff processed 533 oil, 95 gas, 49 injection and zero other completions compared to 822 oil, 186 gas, 57 injection and one other completions in Feb. 2016.

Total well completions for 2017 year to date are 1,213; down from 2,270 recorded during the same period in 2016.

According to Baker Hughes Inc., the Texas rig count as of March 10 was 392, representing about 51 per cent of all active rigs in the United States.

For additional drilling permit and completion statistics, visit the Commission’s website at http://www.rrc.texas.gov/oil-gas/research-and-statistics/well-information/monthly-drilling-completion-and-plugging-summaries/.

TABLE 1 – FEBRUARY 2017 OIL AND GAS DRILLING PERMITS AND COMPLETIONS BY RAILROAD COMMISSION DISTRICT*