Texas Drilling Permits and Completions Statistics for February 2018

AUSTIN, March 12, 2018 - The Railroad Commission of Texas (Commission) issued a total of 1,097 original drilling permits in February 2018 compared to 991 in February 2017. The February total included 975 permits to drill new oil or gas wells, 15 to re-enter plugged well bores and 107 for re-completions of existing well bores. The breakdown of well types for those permits issued February 2018 included 284 oil, 87 gas, 647 oil or gas, 68 injection, zero service and 11 other permits.

In February 2018, Commission staff processed 672 oil, 149 gas, 56 injection and five other completions compared to 533 oil, 95 gas, 49 injection and zero other completions in February 2017. Total well completions processed for 2018 are 1,845; up from 1,213 recorded in 2017.

According to Baker Hughes Inc., the Texas rig count as of March 9 was 490, representing about 50 percent of all active rigs in the United States.

For additional drilling permit and completion statistics, visit the Commission’s website at http://www.rrc.texas.gov/oil-gas/research-and-statistics/well-information/monthly-drilling-completion-and-plugging-summaries/.

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