In September 2023, the drilling permit data revealed a breakdown of well types that included 180 oil wells, 64 gas wells, 519 oil and gas wells, 35 injection wells, and one service well. The statistics offered a comprehensive view of the drilling activity in the industry and highlighted the significant demand for oil and gas wells. However, the numbers also suggested a shift towards more sustainable practices with the presence of injection wells, indicating efforts towards responsible waste management. The remaining well type, to be revealed shortly, could add further nuance to the analysis of the industry's current trends.
1. In September 2023, a total of 180 drilling permits were granted for oil wells, indicating a prevalent focus on oil exploration and extraction in the industry during this period.
2. There were 64 permits issued for gas drilling, highlighting the significance of natural gas production as well.
3. A substantial number of permits, totaling 519, were granted for drilling wells that would extract both oil and gas, showcasing a growing trend towards maximizing resource extraction efficiency.
4. 35 permits were issued for injection wells, indicating efforts towards responsible waste management and maintaining optimal subsurface pressure for oil and gas extraction.
5. Only one permit was issued for service wells, suggesting a relatively small proportion of permits for infrastructure development and support within the industry.
519 oil and gas wells were drilled in September 2023.
one other. The oil wells accounted for the largest proportion of permits issued in September 2023, with a total of 180 permits granted for drilling oil. This indicates a prevalent focus on oil exploration and extraction in the industry during this period. Alongside oil, there were also 64 permits issued for gas drilling, highlighting the significance of natural gas production as well. Additionally, a substantial number of permits, totaling 519, were granted for drilling wells that would extract both oil and gas. This emphasis on dual-purpose wells suggests a growing trend towards maximizing resource extraction efficiency. Furthermore, there were 35 permits for injection wells, which points to the importance of maintaining the subsurface pressure for optimal oil and gas extraction. Lastly, only one permit was issued for service wells, indicating a relatively small proportion of permits for infrastructure development and support within the industry.