|
Independent Oil & Gas Service, Inc.
Monitoring Oilfield Operations in Kansas since 1946
Independent Oil & Gas Service, Inc. (IOGsi) is a vital source for reliable and up-to-date oil and gas news in Kansas. With a strong 79-year history in the industry, the organization provides timely and accurate well information that enables you to make informed decisions. IOGsi offers daily and weekly drilling reports, along with a 24-hour online service, ensuring you have access to dependable data whenever you need it.
Interested individuals are encouraged to register as “New
User” to take advantage of a free 30-day trial with no obligations.
IOGsi WEEKLY HIGHLIGHTS: October 9, 2024
The Kansas Corporation Commission (KCC) has issued 14 new drilling permits to Kansas operators, bringing the total for this year to 537. While this indicates ongoing activity in the oil and gas sector, it is essential to note that this figure represents a decline of 302 permits compared to last year, marking a significant 36% drop. Weekly highlights:
-
In Kansas, 618 wells have been drilled to total depth in 2025, a significant decrease compared to 1,049 wells drilled a year ago, representing a decline of 41.1%.
-
The total footage drilled across the State, not including the depths of wells currently being drilled, has reached 1,638,494 feet. This is a decline from 2,658,489 feet a year ago, reflecting a decrease of 38.4%. Currently, the number of active drilling rigs in Kansas stands at 15, down from 29 active rigs a year ago, reflecting a 48.3% decline.
-
Wildcat exploratory wells now account for 12.3% of all wells drilled in the state this year, compared to 9.3% last year. There have been 76 wildcat wells drilled compared to 98 last year, representing a 22.4% decline.
-
Overall, oilfield drilling activity in Kansas has declined by an average of 36% compared to the same period a year ago.
For additional News , go to “WEEKLY NEWS” on home page for more highlights and other news and announcements.
|