Well servicing boom pushes costs over $3 billion

Journal Article · Wed Jul 01 00:00:00 EDT 1981 · Pet. Eng.; (United States)

OSTI ID:6072292

Results of the Annual Petroleum Engineer Well Servicing Survey are presented. The most significant change in well servicing trends was reduced abandonments - the number of abandoned wells dropped from 9011 in 1979 to 3021 in 1980. For the second year in a row, producers will spend more than $3 billion for well services. Well servicing operators performed nearly 568,000 servicing and repair jobs on 734,728 operating wells in the US during 1980. In addition, 71,000 wells were completed or recompleted in 1980. Tables of data are summarized for completion, workover, and servicing activities and for servicing operations for 11 individual US regions, including Appalachia, California on shore/off shore, Four Corners, Great Lakes, Gulf of Mexico, Louisiana (on shore), mid-continent, Rocky-Williston, Texas (on shore, includes SE New Mexico), and the southeast. The US total data exclude wells in Alaska.

• OSTI ID: 6072292
• Journal Information: Pet. Eng.; (United States), Vol. 53:8
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
OIL WELLS
WELL SERVICING
SURVEYS
ABANDONED WELLS
APPALACHIA
CALIFORNIA
ECONOMICS
LOUISIANA
NEW MEXICO
PETROLEUM
REPAIR
TEXAS
WELL COMPLETION
WELL STIMULATION
ENERGY SOURCES
FEDERAL REGION IX
FEDERAL REGION VI
FOSSIL FUELS
FUELS
NORTH AMERICA
STIMULATION
USA
WELLS
020300* - Petroleum- Drilling & Production