Texas oil and gas signals recovery as March 2021 drilling permits outpace 2020
AUSTIN – The Railroad Commission of Texas issued a total of 798 original drilling permits in March 2021 compared to 744 in March 2020. The March 2021 total includes 682 permits to drill new oil or gas wells, 13 to re-enter plugged well bores, and 99 for re-completions of existing well bores.
The breakdown of well types for original drilling permits in March 2021 is 187 oil, 50 gas, 537 oil or gas, 13 injection, and 11 other permits.
In March 2021, Commission staff processed 601 oil, 162 gas and 110 injection completions for new drills, re-entries and re-completions, compared to 1,054 oil, 313 gas, and 240 injection completions in March 2020.
Total well completions processed for 2021 year-to-date for new drills, re-entries and re-completions are 2,279 compared to 3,857 recorded during the same period in 2020.
Detailed data on drilling permits and well completions for the month can be found at this link: https://www.rrc.texas.gov/oil-and-gas/research-and-statistics/drilling-information/monthly-drilling-completion-and-plugging-summaries/
