No slowdown for Chesapeake Energy in South Texas

Oklahoma City’s Chesapeake Energy continues to be active in drilling exploration in South Texas as it recently obtained seven permits to drill from state regulators.

The Texas Railroad Commission approved permits to Chesapeake to drill in three separate counties.

Four of the permits allowed Chesapeake to drill in Webb County where Laredo is the county seat.

Chesapeake also received two permits to drill in Burleson County.

The Oklahoma City company’s final permit was for one well in Dimmit county which is southwest of San Antonio.

Oklahoma City-based Devon Energy also received two permits to drill in Karnes County. Reports indicate that Karnes County was the most active in Texas in the past week where 19 permits were granted.

Sixty-three permits were granted last week across  South Texas by regulators. Of the 24 companies seeking permits for South Texas, BPX Operating Co. received the most….14 permits.

Apache is one of the most active drillers in the Permian Basin but its activity in South Texas is minimal. Last year, only five of the 250 permit applications it filed were for wells in South Texas. So far this year, it has submitted 15 applications to drill in West Texas.

Now the company is looking to drill a pair of wells 7 miles east of College Station.

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