Texas drilling permits and completions up substantially in April 2022

World Oil workers 5/10/2022

AUSTIN (WO) – The variety of unique drilling permits issued by the Railroad Fee of Texas in April 2022 rose 29% to 946, in comparison with the year-ago determine of 732. The April 2022 whole contains 836 permits to drill new oil or gasoline wells, 12 to re-enter plugged wellbores and 92 for re-completions of current wellbores.

The breakdown of effectively varieties for unique drilling permits in April 2022 is 223 oil, 74 gasoline, 593 oil or gasoline, 46 injection, and 10 different permits.

In the meantime, in April 2022, fee workers processed 493 oil, 143 gasoline and 232 injection completions for brand spanking new drills, re-entries and re-completions, totaling 868 completions. This compares to 449 oil, 106 gasoline, and 98 injection completions, for a complete of 653 in April 2021. This represents a 33% improve in effectively completions processed for the month of April.

Complete effectively completions processed for 2022, year-to-date, together with new drills, re-entries and re-completions, are 3,751, in comparison with 2,924 recorded throughout the identical four-month interval in 2021. This works out to a 28% achieve in completions for a similar interval this 12 months.

For detailed information on drilling permits and effectively completions for the month, click on right here.

Some break-out of allow and completion information, by district, is within the desk beneath.

April 2022 Texas oil and gasoline new drilling permits and completions by Railroad Fee of Texas