Texas Drilling Permits and Completions Statistics for June 2016 | TX rig count 46% of active U.S. rigs

The Railroad Commission of Texas (Commission) issued a total of 656 original drilling permits in June 2016 compared to 851 in June 2015. The June total included 506 permits to drill new oil or gas wells, four to re-enter plugged well bores and 146 for re-completions of existing well bores. The breakdown of well types for those permits issued June 2016 included 226 oil, 29 gas, 356 oil or gas, 37 injection, two service and six other permits.In June 2016, Commission staff processed 700 oil, 165 gas, 31 injection and four other completions compared to 1,416 oil, 225 gas, 64 injection and five other completions in June 2015. Total well completions for 2016 year to date are 6,429 down from 11,542 recorded during the same period in 2015.According to Baker Hughes Inc., the Texas rig count as of July 8 was 201, representing about 46 percent of all active rigs in the United States.

Source: Texas RRC – Texas Drilling Permits and Completions Statistics for June 2016

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