We provide a weekly update of all the new well permits approved the previous week. The data includes Operator, location, lease, projected depth, approved Date, nearest town, County and well type.

Last 120 Days Overview


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New Well License Moving Average 

Texas Accounts First Well License Since Dec 1 2018 or Greater 

Data displayed Account Name_API#_District_Field

  • DUNCAN OIL PROPERTIES_29534382_10_LIPSCOMB (CLEVELAND) Primary Field
  • Cross Timbers Energy, LLC_10336641_8_JORDAN (FUSSELMAN) Primary Field
  • Houston Pipe Line Company LP_33535989_8_WILDCAT Primary Field
  • RBJ & ASSOCIATES, LP_22740157_8_WILDHORSE (CISCO REEF) Primary Field
  • CARROLL OPERATING, LLC_12531376_8_DOCKUM CREEK (TANNEHILL) Primary Field
  • JOINT RESOURCES COMPANY_16538779_8_CARTER-NEW MEXICO (SAN ANDRES) Primary Field

Operator of the Week – Ring Energy

I like the jump in new well license this is a buying signal – they went down to a single rig last year to focus on paying down dept.  The improved price of oil and the jump in new permits could me they are getting ready to add a new rig.  Ring’s horizontal San Andres well costs are estimated at $2.3 MM for a 1.0-mile lateral and $2.8 MM for a 1.5-mile lateral.

New Well Permit Summary Last Week – 53 Operators have 135 approved well permits 

Oklahoma Well Permit Last Week – 16 Operators have 43 Well Permits