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Texas drilling permits slipped in November as well completions kept up hot pace

The Railroad Commission of Texas issued 933 original drilling permits in November, down from the 1,149 permits released in October and the 1,187 permits issued in November 2017.

For the month, 870 permits were to drill new oil or gas wells, 62 were for wellbore recompletion and one was to re-enter plugged wellbores. The permits included 212 for oil-only drilling, 55 for gas-only drilling, and 595 for oil or gas drilling.

The commission said it processed 794 oil, 151 gas and 36 injection well completions in November. During November 2017, the commission reported 388 oil, 74 gas and 29 injection well completions.

Year-to-date well completions stand at 10,236, up 62.7% from the 6,291 well completions recorded in the same period in 2017.

The Midland area had the most oil well completions with a total of 374, along with 73 gas well completions. The Refugio area recorded 106 oil completions and 14 gas completions for the month.