Oil and gas developments in west Texas and eastern New Mexico in 1982

Journal Article · Sat Oct 01 04:00:00 EDT 1983 · Am. Assoc. Pet. Geol., Bull.; (United States)

OSTI ID:6864784

Collier, W W; Adams, D R; Gaines, R B; Gibson, W R; Miller, H A; Pause, P H; Robbins, L D

During 1982, 8,495 wells were drilled in eastern New Mexico and west Texas, 17.1% more than 1981. The success rate for all wells was 78.7%, down 2.9% from 1981. The number of exploratory wells drilled was 17.8% higher than 1981, and the total exploratory footage drilled was up 16.0%. Significantly, the exploratory success rate decreased from 31.2% to 26.4%. Seismic activity decreased 6.2% from 1981, continuing a downward trend which began in 1981. The anticipated decline in exploratory drilling for 1982 based on the 1981 seismic decline did not materialize. This was primarily due to the peak in drilling rig activity in late 1981 and the carry-over to early 1982 of subsequent completion activity. During 1982, 17.0% more development wells were drilled, and development footage set a record for the second consecutive year with 38,965,649 ft, an increase of 15.3%. Development success decreased by 2.5% to 89.1%. Oil production for 1982 was 559,991,956 bbl, down 3.2% from 1981, and gas production was 2,173,835,539 mcf, down 10.8% from 1981. Leasing activity decreased sharply in 1982.

• Research Organization: Exxon Co. USA, Midland, TX
• OSTI ID: 6864784
• Journal Information: Am. Assoc. Pet. Geol., Bull.; (United States), Journal Name: Am. Assoc. Pet. Geol., Bull.; (United States) Vol. 67:10; ISSN AAPGB
• 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
DRILLING
ENERGY SOURCES
EXPLOITATION
EXPLORATION
EXPLORATORY WELLS
FEDERAL REGION VI
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
GEOLOGIC DEPOSITS
GEOPHYSICAL SURVEYS
LAND LEASING
LEASING
MINERAL RESOURCES
NATURAL GAS
NATURAL GAS DEPOSITS
NATURAL GAS WELLS
NEW MEXICO
NORTH AMERICA
OIL WELLS
PETROLEUM
PETROLEUM DEPOSITS
PRODUCTION
RESOURCES
SEISMIC SURVEYS
SURVEYS
TEXAS
USA
WELL DRILLING
WELLS