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Independent Oil & Gas Service, Inc.

Scouting Oilfield Activity in Kansas since 1946

The Independent Oil & Gas Service, Inc. (IOGsi) is a major, proven source of reliable information when it comes to reporting on the latest oil and gas news in Kansas. Your access to timely, reliable, concise information is a key component in your decision making process. 

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  IOGsi WEEKLY HIGHLIGHTS: July 3, 2024  

  • The KANSAS CORPORATION COMMISSION (KCC) issued 17 new oil and/or gas drilling permits in Kansas this past week. This brings the total number of new well locations this year to 363. This is 135 fewer drilling permits than were reported in the same period a year ago (-27.1%). IOGsi's Red Top Weekly Drilling Report is currently scouting 407 wells in the state.

  • A total of 385 wells have been drilled to total depth in Kansas this year (for oil, gas, disposal, water supply, or injection), compared with 645 wells drilled during the same period last year, representing a 40.3% decrease. Wildcat exploratory wells make up 12.7% of the total wells that have been spudded. A total of 46 wildcats were drilled this year compared to 55 a year ago, representing a 16.4% decline. Overall, drilling activity in Kansas is down by an average of 34% compared to the same period last year.

  • 2025 Active Operators, Western Ranges – The top ten operators in the Western Ranges of the State (1W - 42W). Based on total footage drilled during the first six months in 2025, Merit Energy Co. (14 wells, 73,006 ft), BEREXCO (13 wells, 57,675 ft), Murfin Drilling Co. (9 wells, 49,775 ft), American Warrior (9 wells, 43,758 ft), Darrah Oil Co. (9 wells, 33,811 ft), Ritchie Exploration (6 wells, 26,750 ft), Grand Mesa Operating Co. (6 wells, 26,395 ft), Downing - Nelson Oil Co. (4 wells, 19,545 ft), Carmen Schmitt, Inc. (4 wells, 19,512 ft), and Shakespeare Oil Co. (5 wells, 18,403 ft).  

  • For additional News, go to “WEEKLY NEWS” on home page for more highlights and other news and announcements. 

 



2025-26 Red Book

Published yearly in June by
Independent Oil & Gas Service


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Table of Contents
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Industry Services X-Index
Key Personnel X-Index

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CRUDE OIL INDEX


KS Common (CVR): $57.75 bbl

OK Sweet (CVR): $63.75 bbl

WTI (NYMEX): $67.00 bbl 

Posted price as of 7/03/2025

NATURAL GAS INDEX

Panhandle Eastern Pipeline Co. (MMBtu)

JUL: $2.51 (-3.5%)          JUN: $2.60 (+4.4%)          MAY: $2.49 (-6.1%)

Southern Star Central Gas Pipeline (MMBtu) 

JUL: $2.49 (-5.0%)          JUN: $2.62 (+3.1%)          MAY: $2.54 (-18.6%)

PRICE HISTORY

Oil - Past 2 Years
Gas Price History

kANSAS RIG COUNT

Current: 12 
Week ago: 12 (-%) 
Month ago: 16 (-25.0%)
Year ago: 29 (-58.6%)

Independent Oil & Gas Service, Inc. (IOGsi) is a BBB Accredited Oil Report in Wichita, KS

   
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