trending Market Intelligence /marketintelligence/en/news-insights/trending/Zkz_OBXfvS6ZUcHPjNALlQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Texas drilling permits, well completions dip in February


S&P podcast - Coronavirus pandemic, oil price crash shake up energy sector

Case Study: A Utility Company Efficiently Sharpens Its Focus on the Credit Risk of New Customers

Energy Evolution Podcast

Energy Evolution Why solar energy could get even cheaper

Texas drilling permits, well completions dip in February

The Railroad Commission of Texas issued 961 original drilling permits in February, a decrease from the 1,196 permits it released in January and the 1,097 permits it issued in February 2018.

For the month, 887 permits were for new oil or gas wells, 67 were for wellbore recompletions and seven were to re-enter plugged wellbores. The permits included 246 for oil-only drilling, 54 for gas-only drilling, and 597 for oil or gas drilling.

The commission said it processed 584 oil, 175 gas and 21 injection well completions for the report month. In the year-ago period, the commission reported 672 oil, 149 gas and 56 injection well completions.

Well completions for the year stand at 1,804, down 2.2% from the 1,845 well completions recorded in the same period in 2018.

The Midland area had the most oil well completions during the report month with a total of 204 and had the biggest number of gas well completions at 47. The San Angelo area came in second at 68 oil completions, while the San Antonio area had 44 gas completions in February.