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Newspaper
Andrews County News
Location
Andrews, Texas, United States of America
Date
Jun 09, 1966
Page
9
The latest weekly tally shows 176 active rigs, down 36 from 212 a year earlier. Reagan County leads with 2 rigs, Lea County holds second with 20, and Pecos County remains third with 17. Andrews stays at six rigs.
The Texas Railroad Commission raised the onshore field well limit from five to ten to speed discovery of new reserves and meet 1970s oil demands. The move follows prior extensions of discovery and bonus allowables for offshore wells and longer timelines for bonus production.
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