Wednesday, September 11, 2013

On Track For 2,500 Oil And Gas Permits

With 1,730 new permits issued so far this year by the NDIC for oil and gas wells (this does not include salt-water disposal wells), the NDIC is on track to issue 2,496 permits this calendar year.

At this time last year, the NDIC had issued 1,573 oil and gas permits, which put it on track to issue 2,269 permits for the year. In fact, the NDIC issued 2,521 permits in 2012 (about 30 were ultimately cancelled); and the NDIC issued 1,926 oil and gas permits in 2011.

Snapshot:
  • projected for 2013: 2,496
  • actual, 2012: 2,521; about 30 cancelled
  • projected at this time one year ago for 2012: 2,269
  • actual, 2011: 1,926

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