09282020Mon
Last updateMon, 28 Sep 2020 2pm

End-User News

Texas Processing New Drilling Permits at Historic Rate

For two years in a row, since 2018, the Railroad Commission of Texas has set a historic record of taking just two days on average to process standard drilling permits, one day below the legislative requirement. In 2019 the commission processed a total of 11,654 new drilling permits. Standard drilling permits are permits that do not require exceptions to commission rules such as spacing or density rules.

Texas leads the nation in oil and gas production with the Permian Basin in West Texas ranking as the top energy production region nationwide. In the last 12 months Texas operators reported 1.438 billion barrels of oil produced and almost 10 trillion cubic feet of total gas.

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