Texas Monthly Oil and Gas Statistics - January 28, 2013

DECEMBER PERMITS TO DRILL

The Commission issued a total of 1,457 original drilling permits in December 2012 compared to 1,630 in December 2011. The December total included 1,347 permits to drill new oil and gas wells, 23 to re-enter existing well bores, and 87 for re-completions. Permits issued in December 2012 included 460 oil, 115 gas, 838 oil and gas, 34 injection, zero service and 10 other permits.

NOVEMBER CRUDE OIL PRODUCTION

Texas preliminary November 2012 crude oil production averaged 1,371,829 barrels daily, up from the 996,694 barrels daily average of November 2011.

The preliminary Texas crude oil production figure for November 2012 is 41,154,854 barrels, up from 29,900,821 barrels reported during November 2011.

DECEMBER OIL AND GAS COMPLETIONS

In December 2012, operators reported 815 oil, 198 gas, 29 injection and two other completions compared to 608 oil, 211 gas, 45 injection and two other completions in December 2011.

Total well completions for 2012 year to date are 15,041 up from 8,790 recorded during the same period in 2011.

Operators reported 346 holes plugged and one dry hole in December 2012 compared to 727 holes plugged and zero dry holes in December 2011.

NOVEMBER NATURAL GAS PRODUCTION

Texas oil and gas wells produced 512,891,220 Mcf (thousand cubic feet) of gas based upon preliminary production figures for November 2012 down from the November 2011 preliminary gas production total of 515,163,552 Mcf. Texas preliminary November total gas production averaged 17,096,374 Mcf (thousand cubic feet) a day.

Texas production in November 2012 came from 145,007 oil wells and 90,394 gas wells.