Statistics of Oklahoma's petroleum industry, 1976

Journal Article · Thu Dec 01 04:00:00 EST 1977 · Okla. Geol. Notes; (United States)

OSTI ID:6783293

Roberts, J F

Higher oil and gas prices, though shaky at times, resulted in the drilling of 4,393 wells in search of oil and gas in 1976, an increase of 597 wells (16%) over the number drilled the previous year. There were 434 exploratory (wildcat) wells drilled, 40 more (10%) than were drilled in 1975. Caddo County had 21 wildcats and a 48% success ratio. Most of the discoveries there, of which 3 were oil wells and 7 were gas wells, occurred in Red Fork and Morrow-Springer sands. Adjacent Grady County had 15 wildcats, of which 3 were oil and 5 were gas wells, for a 53% success ratio. Logan County had 18 wildcats, 9 oil wells, and one gas well, for a success ratio of 56%. This production was from Pennsylvanian sands and Mississippian limestones. Garvin County had 18 wildcats (8 oil wells and one gas well) for a 50% success ratio. Production there was from Pennsylvanian sands and from Hunton and Bromide rocks. Other significant discoveries from Morrow, Springer, Hunton, and Arbuckle units were completed along the north rim of the Anadarko Basin in W. Oklahoma. Oklahoma continues to rank third in the nation in natural-gas production (with 8.5% of the total U.S. production) and fourth in liquid-hydrocarbon production (5.3% of the total). The state ranks fourth in the nation in natural-gas reserves and fifth in oil reserves.

• OSTI ID: 6783293
• Journal Information: Okla. Geol. Notes; (United States), Journal Name: Okla. Geol. Notes; (United States) Vol. 37:6; ISSN OKGNA
• Country of Publication: United States
• Language: English

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