Rig activity doubles in the overthrust

Journal Article · Thu Jan 01 04:00:00 EST 1981 · Drilling Contract.; (United States)

OSTI ID:6162767

Kraemer, M S

The overthrust belt is the most significant US oil and gas play since the discovery of the Prudhoe Bay reserves. Assuming continued availability of lands, materials, supplies and people, there is unlimited growth potential in this area. The recent success of this play is mainly due to technologic improvements in seismic techniques. Higher product prices also have provided the extra incentive to look for deeper and smaller reservoirs. This belt of complex geology stretches beyond the US-Canadian border into Canada and Alaska and beyond the southern border into Mexico. The US portion alone is equal in area to that of the productive portion of the Gulf of Mexico. Rig activity along the US portion in the overthrust belt has doubled in the past 12 months. More than 140 wildcat wells have been drilled with the industry's success rate running above 15%.

• OSTI ID: 6162767
• Journal Information: Drilling Contract.; (United States), Journal Name: Drilling Contract.; (United States) Vol. 37:1; ISSN DRCOA
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020200* -- Petroleum-- Reserves
Geology
& Exploration
020300 -- Petroleum-- Drilling & Production
03 NATURAL GAS
030200 -- Natural Gas-- Reserves
Geology
& Exploration
030300 -- Natural Gas-- Drilling
Production
& Processing
ALASKA
CANADA
DEVELOPING COUNTRIES
DRILLING
DRILLING EQUIPMENT
EQUIPMENT
EXPLORATION
FEDERAL REGION VIII
FEDERAL REGION X
GEOLOGIC DEPOSITS
GEOLOGY
GEOPHYSICAL SURVEYS
IDAHO
LATIN AMERICA
MEXICO
MINERAL RESOURCES
MONTANA
NATURAL GAS DEPOSITS
NATURAL GAS WELLS
NORTH AMERICA
OIL WELLS
PETROLEUM DEPOSITS
PRODUCTION
RESOURCE POTENTIAL
RESOURCES
SEISMIC SURVEYS
SURVEYS
USA
UTAH
WELL DRILLING
WELLS
WESTERN US OVERTHRUST BELT
WYOMING