Texas Drilling Still Sluggish

Eagle Ford Remains the Bright Spot
Eagle Ford Permits

Eagle Ford Permits

The Texas Railroad Commission (RRC) released its monthly oil and gas statistics last week showing a continued slowdown for drilling across Texas. The Eagle Ford remained a bright spot for permits and production amidst sluggish numbers state-wide.

Drilling Permits

In May, the RRC issued a total of 917 original drilling permits, a huge decline from the 2,389 that were issued during this time period in 2014.

Related: Texas Drilling Permits down 50% 

The May total included 778 permits to drill new oil and gas wells and of that, 143 went to the San Antonio area, which is in the heart of the Eagle Ford. 222 permits were issued for oil, 55 for gas and 583 for oil and gas.

Oil & Gas Completions

The total year-to-date well completions for 2015 are 9,832 down from 13,729 recorded during the same period in 2014.

  • May 2015: 1,299  oil, 201 gas, 72 injection and nine other
  • March 2014: 2,057 oil, 323 gas, 78 injection and 12 other

Production

Production remains high with preliminary figures for April 2015 at 69,595,733 barrels, up from 61,303,820 barrels reported during April 2014. 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 April, 2015 according to the RCC.

COUNTY – CRUDE OIL (BBLS)

  1.  KARNES – 6,503,269
  2.  LA SALLE – 4,481,444
  3.  DEWITT – 4,290,323
  4.  MCMULLEN – 3,143,357
  5.  ANDREWS – 2,969,079
  6.  UPTON – 2,919,211
  7.  MARTIN – 2,875,795
  8.  GONZALES – 2,874,191
  9.  MIDLAND – 2,719,874
  10. REEVES – 2,223,136

Read more at rcc.state.tx

Texas Drilling Permits down 50%

Eagle Ford Leads the State in Oil Production
2015 Eagle Ford Permits  & Completions

2015 Eagle Ford Permits & Completions

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.

Drilling Permits

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

Related: 1,400 Uncompleted Wells in the Eagle Ford

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

table

Read more at rcc.state.tx

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