Texas drilling permits and completions statistics for May 2016

The Texas rig count as of June 3 was 176, representing about 43% active rigs in the US

AUSTIN –– The Railroad Commission of Texas (Commission) issued a total of 606 original drilling permits in May 2016 compared to 916 in May 2015.

The May total included 488 permits to drill new oil or gas wells, 13 to re-enter plugged well bores and 105 for re-completions of existing well bores.

The breakdown of well types for those permits issued May 2016 included 179 oil, 28 gas, 354 oil or gas, 17 injection, zero service and 28 other permits.

In May 2016, Commission staff processed 760 oil, 199 gas, 60 injection and 11 other completions compared to 1,299 oil, 201 gas, 72 injection and seven other completions in May 2015.

Total well completions for 2016 year to date are 5,529 down from 9,832 recorded during the same period in 2015.

According to Baker Hughes Inc., the Texas rig count as of June 3 was 176, representing about 43 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 – MAY 2016 TEXAS OIL AND GAS DRILLING PERMITS AND COMPLETIONS BY RAILROAD COMMISSION OF TEXAS DISTRICT*

*A district map is available on the Railroad Commission of Texas website athttp://www.rrc.texas.gov/media/21430/districts_color_8x11.pdf.