Mid Continent Well Permit Summary
We are tracking 109 Oil & Gas Operators and 421 new oil & gas well permits approved in 79 Counties located in the Mid-continent including Texas, Oklahoma, New Mexico and Louisiana last 7 days report date May 19 2021.
- Mid-Continent Well Permits by Top Operators include; EOG (113), Devon (19), Pioneer (17), Crownquest (14), Conocophillips (13)
- Mid-Continent Well Permits by State; Texas (217), Oklahoma (32), New Mexico (148), Louisiana (24)
- Mid-Continent Well Permits by County; Eddy (104), Lea (44), Martin (28), Midland (27), Loving (23)
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Mid Continent Well Permit Details
Well Permits Overview Status of a well identifies its current state of activity. Over the life of a typical well it will have a progression of status changes – licensed > drilling > completed > production/injection/disposal > suspended > abandoned (decommissioned). The lifespan of a well can vary, from a few years too many decades. A well may go directly from a drilling status to abandoned status if it is unsuccessful in finding oil or gas.
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Mid-continent Well Permit Details New Last Week
Listed below are all the well permits approved last week in the Mid Continent region this includes Texas, Oklahoma, New Mexico and Louisiana. This information is included in the file download section above.
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Mid-Continent Well Permit Count & Average
The most common applications of moving averages are to identify trend direction and to determine support and resistance levels. When asset prices cross over their moving averages. The graph below shows support for the growth of drilling wells in the Mid Continent.
About Mid-continent Well Permits
Well Permits Overview Status of a well identifies its current state of activity. Over the life of a typical well it will have a progression of status changes – licensed > drilling > completed > production/injection/disposal > suspended > abandoned (decommissioned). The lifespan of a well can vary, from a few years to many decades. A well may go directly from a drilling status to abandoned status if it is unsuccessful in finding oil or gas.
Permian Basin is a shale basin about 250 miles wide and 300 miles long, spanning parts of west Texas and southeastern New Mexico. It includes the highly-prolific Delaware and Midland sub-basins.
Eagle Ford in Texas is the most mature tight oil play in the Lower 48 current, oil and natural gas production of 2.5 million barrels of oil equivalent per day. Measuring 400 miles long and 50 miles wide along the Texas Gulf Coast, the Eagle Ford basin is spread over 12,000 square miles in South and central Texas.
STACK play is located in the Anadarko Basin area of Oklahoma. STACK is derived from “Sooner Trend (oil field), Anadarko (basin), Canadian and Kingfisher (counties).” The majority of the play is located across (Canadian and Kingfisher as the core counties) and Blaine, Major, Garfield counties. Unlike Plays such as the Eagle Ford, Bakken, Granite Wash, the STACK is not a geological formation, but a geographic referenced area.
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