These Numbers Suggest Yet Another Surge In The Permian

The Permian is the heart of modern oil and gas activity, with
well over 300 rigs operating and tremendous growth set to continue.
But companies need to continuously drill new wells to fuel this
growth, which requires companies to obtain drilling permits from
the Texas Railroad Commission (RRC). The current shale resurgence
has kept the Commission busy. The RRC has issued 6,262 drilling
permits so far this year. There are a total of 53 counties in the
Railroad Commission’s Districts 7C, 8 and 8A, where the Permian
lies. Drilling permits have…

The Permian is the heart of modern oil and gas activity, with
well over 300 rigs operating and tremendous growth set to continue.
But companies need to continuously drill new wells to fuel this
growth, which requires companies to obtain drilling permits from
the Texas Railroad Commission (RRC). The current shale resurgence
has kept the Commission busy. The RRC has issued 6,262 drilling
permits so far this year. There are a total of 53 counties in the
Railroad Commission’s Districts 7C, 8 and 8A, where the Permian
lies. Drilling permits have…