AUSTIN, June 12, 2017 - The Railroad Commission of Texas (Commission) issued a total of 1,021 original drilling permits in May 2017 compared to 606 in May 2016. The May total included 841 permits to drill new oil or gas wells, 25 to re-enter plugged well bores and 155 for re-completions of existing well bores. The breakdown of well types for those permits issued May 2017 included 274 oil, 43 gas, 619 oil or gas, 64 injection, one service and 20 other permits.
In May 2017, Commission staff processed 593 oil, 115 gas, 60 injection and zero other completions compared to 760 oil, 199 gas, 60 injection and 11 other completions in May 2016. Total well completions processed for 2017 year to date are 3,223; down from 5,529 recorded during the same period in 2016.
According to Baker Hughes Inc., the Texas rig count as of June 9 was 460, representing about 50 percent of all active rigs in the United States.