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IOGsi WEEKLY HIGHLIGHTS: July 25, 2024
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A total of 33 new oil and gas drilling permits were issued in Kansas this past week by the KANSAS CORPORATION COMMISSION (KCC). This brings the total number of new permits this year to 570, reflecting 174 less permits than was reported in the same period year ago (-21.6%). A breakdown of all new locations this year shows 320 permits were issued in the Eastern Ranges of the State (56.1%) and 250 permits in the Western Ranges (43.9%).
There have been 636 wells drilled in Kansas in 2024 (oil, gas, disposal, water supply or injection) compared with 806 wells drilled during the same period last year (-26.7%). Sixty-three wildcat wells have been drilled so far this year, which represents nearly 9.9% of the total number of wells spudded. This is 25 less wildcat wells compared with the same period a year ago (-28.5%). Kansas drilling activity continues to be slow but steady. Overall, activity in the Kansas oil patch is down about 25.1% compared with same period a year ago.
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