Filings reflect slowdown in oil and gas industry in Oklahoma

 

The past week was a slow one for drilling permits and completion reports filed with the Oklahoma Corporation Commission. They showed how the oil and gas slowdown has affected drilling operations in the state.

Only 22 permits to drill were issued from Monday through Friday as companies indicated plans to drill.

Texas County in the Panhandle was the target of at least three planned wells, one in Kingfisher County, three in McIntosh County, three in Hughes County, two in Major County and two in Kay County.

Single permits were issued for Creek, Seminole, Tulsa, Grady, Lincoln, McClain, Pottawatomie and Stephens counties.

At least 23 newly completed wells were reported to state regulators. Four completions were reported in Grady County while Canadian, Garvin, Marshall, Stephens, Cimarron and Carter counties each had two completed wells. Single completions were reported each for Logan, Seminole, Lincoln  counties.

Source: Corp. Comm.

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