Ryan Sitton In The Oil Patch Featured, drilling rigs

Energy Minute – 07/15/2019

In the oil patch radio show is proud to bring you this week’s energy minute produced by shale mag.com here’s Texas Railroad Commissioner Ryan Sitton with your current industry update:

The United States had 958 drilling rigs running at the end of last week. Down five from the prior week. Texas decreased seven rigs to end last week at 456 the Texas railroad commission issued 184 drilling permits last week during the 10 week rolling average to 262. Natural gas prices gained $0.12 to average $2.43 per mmbtu last week. West Texas intermediate crude prices increased $1.72 to average $59.27 a barrel and gasoline prices across Texas increased by $0.03 to end last week at an average of $2.50 a gallon.

Listen to In The Oil Patch radio and keep up with the oil and gas industry online at shalemag.com.

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