Permits

Lower 48 Permitting Ends September with Gains Led by Permian, Haynesville

Lower 48 Permitting Ends September with Gains Led by Permian, Haynesville

Oil and natural gas permitting climbed in September from August by 26% and rose nearly 60% from a year ago, ending the third quarter on a positive note, according to Evercore ISI. Analysts said there were 809 more requests to drill in September month/month (m/m). The Permian Basin led the way, rebounding by 47% from…

October 14, 2022
‘Midsummer Boost’ in July for Lower 48 Oil, Natural Gas Permitting Led by Permian

‘Midsummer Boost’ in July for Lower 48 Oil, Natural Gas Permitting Led by Permian

A rebound in Permian oil and gas permitting, along with a lift in the Haynesville and Marcellus shales, lifted the Lower 48 count in July to a three-year high, according to state and federal data. The “midsummer boost” compiled by Evercore ISI analysts, found that permitting overall rose by 707 month/month (m/m) and was 63%…

August 26, 2022
Texas Oil, Natural Gas Drilling Permits Jump in Haynesville, Permian

Texas Oil, Natural Gas Drilling Permits Jump in Haynesville, Permian

The Railroad Commission of Texas (RRC) reported the number of permits issued in June to drill wells in its East Texas District, which includes part of the gassy Haynesville Shale, jumped 200% year/year. RRC issued 42 permits to drill oil and gas wells in the East Texas area, aka District 6, compared with 14 permits…

July 8, 2022
Lower 48 Permitting Slips as Permian Dips, but Haynesville, Eagle Ford, Bakken Rip

Lower 48 Permitting Slips as Permian Dips, but Haynesville, Eagle Ford, Bakken Rip

The U.S. oil and gas drilling rig count is steadily rising, but permitting activity is a bit more wobbly, as the Lower 48 recorded a double-digit monthly dip in May. According to data compiled by Evercore ISI using state and federal information, Lower 48 permitting plunged by 17% in May, month/month (m/m). The Permian Basin…

June 22, 2022
PDC Gains OK to Expand Colorado Oil, Natural Gas Drilling Program

PDC Gains OK to Expand Colorado Oil, Natural Gas Drilling Program

Denver-based independent PDC Energy Inc. has secured approval for its Kenosha Oil and Gas Development Plan (OGDP) in rural Weld County, CO. The OGDP entails 69 wells on three pads, management said. The approval by the Colorado Oil and Gas Commission “marks an important next step as PDC further increases its permitted inventory by another…

June 10, 2022
Texas Natural Gas, Oil Drilling Permitting Jumps 38% in February

Texas Natural Gas, Oil Drilling Permitting Jumps 38% in February

The Railroad Commission of Texas (RRC) reported that it issued 38% more original drilling permits year/year across the Lone Star State in February. The natural gas and oil industry regulator granted 836 drilling permits in February, compared to 606 during the same month last year. Texas, particularly the Permian Basin, has been leading “the U.S.…

April 5, 2022
Texas Oil, Gas Permitting Continues Recovering and California Requests Rising

Texas Oil, Gas Permitting Continues Recovering and California Requests Rising

The monthly U.S. oil and gas permit count was nearly flat in September from August, with activity in the Eagle Ford Shale and some smaller Lower 48 plays offsetting declines in the Powder River and Permian basins, according to Evercore ISI. Each month the Evercore team compiles federal and state permitting data to note the…

October 18, 2021
BLM Headquarters Relocating Back to DC from Colorado

BLM Headquarters Relocating Back to DC from Colorado

The Department of Interior (DOI) said it is relocating the headquarters for the Bureau of Land Management (BLM) back to Washington, DC, from Grand Junction, CO. The DOI said “following years of transition and upheaval among the workforce” the change would “enable the bureau to better serve the American public and fulfill its mission as…

September 20, 2021
Lower 48 Permitting Stunted Overall in August, with Declines in New Mexico, Texas and Wyoming

Lower 48 Permitting Stunted Overall in August, with Declines in New Mexico, Texas and Wyoming

U.S. drilling permit activity slumped across the major Lower 48 basins in August, up sharply from a year ago but down from 2019 levels, according to Evercore ISI. The Evercore team led by analyst James West compiles a monthly report about drilling activity using state and federal data. Permits are usually requested by producers three…

September 8, 2021
E&P Permit Requests Said Focused in Permian, Powder River and Eagle Ford

E&P Permit Requests Said Focused in Permian, Powder River and Eagle Ford

U.S. drilling permit activity climbed sharply in July, led by the Eagle Ford Shale, Powder River and Permian basins, but the overall numbers are still short from the pre-pandemic days of July 2019, according to Evercore ISI. The energy analyst team led by James West uses federal and state data to compile a monthly review…

August 16, 2021
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