Drilling Permits (TX): 28 PE-backed upstreamers received 77 permits approvals


[Context: The week of July 16, 28 private equity-backed upstream companies secured 77 permit approvals (67 new drills; 6 recompletions; 4 reenters) for basins across Texas. Almost two-thirds of the planned wells are horizontals with an average total depth of 10,146 feet and took 24.35 days to approve. Midland and Delaware basins dominated but Eagle Ford, Central Basin Platform, and Panhandle had a presence. Further details are below.]

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