The United States had 1,049 drilling rigs in operation at the end of last week – an increase of four from the prior week.
Texas ended last week with 511 drilling rigs in operation.
The Texas Railroad Commission issued 340 drilling permits last week to bring the 10-week rolling average to 292 drilling permits.
Natural gas prices averaged $2.64 per mmbtu last week. West Texas Intermediate (WTI) crude prices averaged $53.54 per barrel, and gasoline prices across Texas remain unchanged to end last week at an average of $1.99 per gallon.