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Texas drilling permits in December 2019 decrease from prior-month, YOY numbers

The Railroad Commission of Texas released 803 drilling permits in December 2019, a drop from the 958 permits it issued in November 2019 and 811 permits in December 2018.

For the month, 743 permits were to drill new oil or gas wells, 52 were for wellbore recompletions and eight were to reenter plugged wellbores. The permits included 571 for oil or gas drilling, 162 for oil-only drilling and 37 for gas-only drilling.

The state oil and gas regulator said it processed 491 oil, 98 gas and 17 injection well completions in December 2019. During the same month in 2018, the commission reported 564 oil, 156 gas and 27 injection well completions.

Year-to-date well completions totaled 9,238, down from 10,986 reported during the same period a year ago.

The Midland area still had the highest oil and gas completions at 264 and 46, respectively. San Antonio also retained the second spot with 68 oil completions and 20 gas completions.