The Texas Railroad Commission (RRC) released its monthly oil and gas statistics this week confirming a slowdown for production and drilling for the Eagle Ford and across Texas.
In March, the RRC issued a total of 923 original drilling permits, a 50% decline from 2014 when 1,894 were issued.
The March total included 799 permits to drill new oil and gas wells, 16 to re-enter existing well bores and 108 for re-completions. Permits issued in March 2015 included 239 oil, 75 gas, 556 oil and gas, 41 injection, three service and nine other permits.
The March total included 799 permits to drill new oil and gas wells and of that, 109 went to the San Antonio area, which is in the heart of the Eagle Ford. 239 permits were issued for oil, 75 for gas and 556 for oil and gas.
Oil & Gas Completions
The total year-to-date well completions for 2015 are 5,946 down from 10,130 recorded during the same period in 2014.
- March 2015: 1,547 oil, 305 gas, 109 injection and nine other
- March 2014: 2,965 oil, 272 gas, 131 injection and 13 other
The Eagle Ford continues to outproduce other Texas areas in oil production with Karnes, La Salle and DeWitt counties maintaining the lead. Following are top oil and gas producing counties in February, 2015 according to the RCC.Top Counties
Read more at rcc.state.tx