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Independent Oil & Gas Service, Inc.
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IOGsi WEEKLY HIGHLIGHTS: October 10, 2024
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The KANSAS CORPORATION COMMISSION (KCC) issued 26 new oil and gas drilling permits in Kansas this past week. This brings the total number of new permits-to-drill this year to 839, reflecting 164 fewer permits than was reported in the same period a year ago (-16.4%). This year, a breakdown of all new locations shows that 491 permits were issued in the Eastern Ranges of the State (58.5%) and 348 permits in the Western Ranges (41.5%).
There have been 936 wells drilled in Kansas in 2024 (oil, gas, disposal, water supply, or injection) compared with 1,095 wells drilled during the same period last year (-14.5%). Ninety-eight wildcat wells have been drilled this year, representing nearly 10.4% of the total wells spudded. Twenty-three fewer wildcat wells have been drilled than a year ago (-19.0%). Kansas drilling activity remains steady. Overall, activity in the Kansas oil patch is down about 20% 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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