Oil and gas developments in west Texas and eastern New Mexico in 1984
Journal Article
·
· AAPG Bull. (See CODEN: AAPGB); (United States)
OSTI ID:6146469
1984 was a surprisingly good year for drilling activity in the Permian basin. 8,012 wells were drilled in west Texas and eastern New Mexico, almost 14% more than in 1983. The success rate for all wells continued to climb, reaching 83.5%, up 3.7% from 1983. Exploratory drilling was up almost 5% to 1,080 wells. Total exploratory footage increased 8%, and the success rate for exploratory tests increased 1.5% to 26.9%. Development drilling also increased with 6,932 wells drilled, up 15.5% from 1983. This was only 150 wells shy of the record set in 1982. The overall development success rate climbed from 89.2% to 92.4%, reflecting increased emphasis on ''safe'' drilling. These overall increases stand in sharp contrast to gas well drilling efforts. Exploratory gas completions declined 12.8%, and development gas well drilling was down 33.4%, a result of lower gas prices and a weak market. Oil and gas production in 1984 increased for the first time in 10 years. Total oil production was 551,911,001 bbl, an increase of 0.3% from 1983. Gas production was 2,006,907 mmcf, up 0.6%. Seismic activity increased in 1984, maintaining a trend started the year before. 1,993 seismic crew-weeks were reported, up almost 4% from 1983. Overall leasing interest declined again for the third year in a row. Glasscock, Midland, and Hockley Counties, Texas, however, continued to be areas of vigorous activity.
- OSTI ID:
- 6146469
- Journal Information:
- AAPG Bull. (See CODEN: AAPGB); (United States), Journal Name: AAPG Bull. (See CODEN: AAPGB); (United States) Vol. 69:10; ISSN AABUD
- Country of Publication:
- United States
- Language:
- English
Similar Records
Oil and gas developments in west Texas and eastern New Mexico in 1984
Oil and gas developments in west Texas and eastern New Mexico in 1983
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Tue Oct 01 00:00:00 EDT 1985
· Am. Assoc. Pet. Geol., Bull.; (United States)
·
OSTI ID:6020525
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Journal Article
·
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· Am. Assoc. Pet. Geol., Bull.; (United States)
·
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Oil and gas developments in west Texas and eastern New Mexico in 1985
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· Am. Assoc. Pet. Geol., Bull.; (United States)
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OSTI ID:6929619
Related Subjects
02 PETROLEUM
020200* -- Petroleum-- Reserves
Geology
& Exploration
03 NATURAL GAS
030200 -- Natural Gas-- Reserves
Geology
& Exploration
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002 -- Energy Planning & Policy-- Petroleum
294003 -- Energy Planning & Policy-- Natural Gas
DRILLING
EXPLOITATION
EXPLORATION
EXPLORATORY WELLS
FEDERAL REGION VI
GEOLOGIC DEPOSITS
GEOPHYSICAL SURVEYS
MINERAL RESOURCES
NATURAL GAS DEPOSITS
NATURAL GAS WELLS
NEW MEXICO
NORTH AMERICA
OIL WELLS
PETROLEUM DEPOSITS
PRODUCTION
RESOURCES
SEISMIC SURVEYS
SURVEYS
TEXAS
USA
WELL DRILLING
WELLS
020200* -- Petroleum-- Reserves
Geology
& Exploration
03 NATURAL GAS
030200 -- Natural Gas-- Reserves
Geology
& Exploration
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002 -- Energy Planning & Policy-- Petroleum
294003 -- Energy Planning & Policy-- Natural Gas
DRILLING
EXPLOITATION
EXPLORATION
EXPLORATORY WELLS
FEDERAL REGION VI
GEOLOGIC DEPOSITS
GEOPHYSICAL SURVEYS
MINERAL RESOURCES
NATURAL GAS DEPOSITS
NATURAL GAS WELLS
NEW MEXICO
NORTH AMERICA
OIL WELLS
PETROLEUM DEPOSITS
PRODUCTION
RESOURCES
SEISMIC SURVEYS
SURVEYS
TEXAS
USA
WELL DRILLING
WELLS