Total completions down from 11542 in 2015 to 6429 for 2015
Texas Insider Report: AUSTIN Texas -- The Texas Railroad Commission issued a total of
656 original drilling permits in June 2016 compared to 851 in June 2015. T
he 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 1416 oil 225 gas 64 injection and five other completions in June 2015.
Total well completions for 2016 year to date are 6429 down from 11542 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 of all active rigs in the United States.
