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Texas drilling permits, well completions hold steady in September

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Texas drilling permits, well completions hold steady in September

The Railroad Commission of Texas issued 974 original drilling permits in September, which held steady at about 12.25% from the 1,110 permits released in August but was greater than the 903 permits issued in September 2017.

For the month, 857 permits were to drill new oil or gas wells, 106 were for wellbore recompletion, and 11 were to re-enter plugged wellbores. The permits included 271 for oil-only drilling, 55 for gas-only drilling and 576 for oil or gas drilling.

The commission said it processed 553 oil, 129 gas and 60 injection well completions in September. During the same month of 2017, the commission reported 318 oil, 101 gas and 40 injection well completions.

Year-to-date well completions stand at 8,041, climbing 48.69% from the 5,408 well completions recorded in the same period in 2017.

Midland had the most oil well completions, with a total of 262, along with 35 gas well completions. The San Antonio area recorded 75 oil completions and 12 gas completions for the month.