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Area county among tops in natural gas

From Staff Reports
Nov. 24, 2012 at 11 p.m.


One East Texas county remains among the top 10 natural gas producing Texas counties despite increased production in North and far South Texas.

Panola County ranked No. 5 on the Texas Railroad Commission's latest ranking of the state's top gas producing counties. For August, the latest month that production volumes were available, natural gas producers with Panola County operations pumped 19.1 Mcf (thousand cubic feet) of gas.

That production level was far behind Tarrant County, where the Barnett Shale and other production saw 68.8 Mcf produced in August, according to the commission.

The East Texas district monitored by the Texas Railroad Commission ranked second of 12 districts in the state for gas well completions in September with 34 completions reported. That was second only to the North Texas district, which had 49 gas completions

The state continued to dominate active land rigs across the nation as recently as October, the Texas Railroad Commission reported.

The Texas average rig count as of October was 867, representing about 49 percent of all active land rigs in the United States. In the past 12 months, total Texas reported production was 486 million barrels of oil and 7.2 trillion cubic feet of natural gas.

The commission's estimated final production for August is 50,37 million barrels of crude oil and 537,924,295 Mcf (thousand cubic feet) of gas well gas.

The state's natural gas storage reported to the commission for September was 424,283,340 Mcf compared to 385,102,434 Mcf in September 2011. The October gas storage estimate is 443,380,900 Mcf.

The Texas Railroad Commission's Oil and Gas Division set initial November natural gas production allowables for prorated fields in the state to meet market demand of 10,297,001 Mcf.

The state commission issued a total of 1,640 original drilling permits in September compared to 1,984 in September 2011. The September total included 1,441 permits to drill new oil and gas wells, 44 to re-enter existing well bores and 155 for re-completions.

Permits issued in September included 507 oil, 120 gas, 953 oil and gas, 52 injection, two service and six other permits.

Production

Texas preliminary August crude oil production averaged 1,342 million barrels daily, up from the 983,864 barrels daily average from August 2011.

The preliminary Texas crude oil production figure for August is 41.6 million barrels, up from 30.499 million barrels reported during August 2011.

In September, operators reported 657 oil, 178 gas, 34 injection and two other completions compared to 323 oil, 260 gas, 19 injection and one other completion in September 2011.

Total well completions for 2012 are 10,836, up from 5,944 recorded during the same period in 2011.

Operators reported 687 holes plugged and zero dry holes in September compared to 668 holes plugged and zero dry holes in September 2011, the commission reported.

In August, Texas oil and gas wells produced 549,882,336 Mcf (thousand cubic feet) of gas based upon preliminary production figures for August, up from the August 2011 preliminary gas production total of 543,112,563 Mcf.

Texas preliminary August total gas production averaged 17,738,140 Mcf (thousand cubic feet) a day.

The Texas Railroad Commission reported production across the state in August came from 148,967 oil wells and 94,338 gas wells.

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