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Independent Oil & Gas Service, Inc.
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IOGsi WEEKLY HIGHLIGHTS: November 14, 2024
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The KANSAS CORPORATION COMMISSION (KCC) issued 20 new oil and gas drilling permits in Kansas this past week. This brings the total number of new permits-to-drill this year to 1,005, reflecting 166 fewer permits than was reported in the same period a year ago (-14.2 %). This year, a breakdown of all new locations shows that 609 permits were issued in the Eastern Ranges of the State (60.6%) and 396 permits in the Western Ranges (39.4%).
There have been 1,094 wells drilled in Kansas in 2024 (oil, gas, disposal, water supply, or injection) compared with 1,248 wells drilled during the same period last year (-12.3%). One hundred and fifteen wildcat wells have been drilled this year, representing nearly 10.8% of the total wells spudded. Nineteen fewer wildcat wells have been drilled than a year ago (-14.2 %). Kansas drilling activity remains slow but steady. Overall, activity in the Kansas oil patch is down about 15% compared to a year ago.
For additional News , go to “WEEKLY NEWS” on home page for more highlights and other news and announcements.
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