Tuesday, July 15, 2025

Chart of the Week: Eagle Ford Leading the Charge in Oil Production

The Energy Information Administration (EIA) released its monthly Drilling Productivity Report today, complete with production projections through year-end 2014. In review, the rig count of the four major oil basins (Bakken, Eagle Ford, Niobrara and Permian) increased by 113 from December 2013 to October 2014. The Permian accounted for a whopping 86 rigs, while the remaining three plays added a

Days required to process permit to drill - Federal vs State

Chart of the Week – Federal vs. State Permitting Times

Oil & Gas 360®’s chart of the week points to the differences in the average number of days to acquire a permit to drill on federal lands vs. various states. The Feds require 45 times longer to issue a permit than the State of Texas. Federal permitting time increased by almost 50% between 2005 and 2012. Congressman Fred Upton offered