EnergyEconomist.com Well Completions
Well Completion* Information
Graphs:

Well Completions & Rigs

Trends
By Type
Total
Exploratory
Development
By Product
Petroleum
Natural Gas

 

 
Well Completions Change
Percent Change

April 2012 March 2012 April 2011 Monthly Annual Monthly Annual
Total Wells
Petroleum Wells 2,329 2,327 1,661 2 668 0.1% 40.2%
Gas Wells 948 948 1,321 0 (373) 0.0% -28.2%
Dry Holes 442 459 310 (17) 132 -3.7% 42.6%
Oil Gas and Dry Holes 3,719 3,734 3,292 (15) 427 -0.4% 13.0%
Exploratory
Petroleum Wells 111 110 68 1 43 0.9% 63.2%
Gas Wells 28 29 68 (1) (40) -3.4% -58.8%
Dry Holes 102 120 62 (18) 40 -15.0% 64.5%
Oil Gas and Dry Holes 241 259 198 (18) 43 -6.9% 21.7%
Development
Petroleum Wells 2,218 2,217 1,593 1 625 0.0% 39.2%
Gas Wells 920 919 1,253 1 (333) 0.1% -26.6%
Dry Holes 340 339 248 1 92 0.3% 37.1%
Oil Gas and Dry Holes 3,478 3,475 3,094 3 384 0.1% 12.4%
Total Footage
Oil Gas and Dry Holes 31,655 31,394 27,561 261 4,094 0.8% 14.9%
 
Well Completions Change
Percent Change

April 2012 March 2012 April 2011 Monthly Annual Monthly Annual
Petroleum Wells
Exploratory 111 110 68 1 43 0.9% 63.2%
Development 2,218 2,217 1,593 1 625 0.0% 39.2%
Total 2,329 2,327 1,661 2 668 0.1% 40.2%
Gas Wells
Exploratory 28 29 68 (1) (40) -3.4% -58.8%
Development 920 919 1,253 1 (333) 0.1% -26.6%
Total 948 948 1,321 0 (373) 0.0% -28.2%
Dry Holes
Exploratory 102 120 62 (18) 40 -15.0% 64.5%
Development 340 339 248 1 92 0.3% 37.1%
Total 442 459 310 (17) 132 -3.7% 42.6%
Oil Gas and Dry Holes
Exploratory 241 259 198 (18) 43 -6.9% 21.7%
Development 3,478 3,475 3,094 3 384 0.1% 12.4%
Total 3,719 3,734 3,292 (15) 427 -0.4% 13.0%

Footage (1000 ft) 31,655 31,394 27,561 261 4,094 0.8% 14.9%

*Wells that productively encounter both crude oil and natural gas are categorized as “completed for oil.” Both development wells and exploratory wells (new field wildcats, new pool tests, and extension tests) are included in the statistics. All other classes of wells drilled in connection with the search for producible hydrocarbons are excluded.

 
Copyright 2002-2012 by James L. Williams  

 
James L. Williams
WTRG Economics 
P.O. Box 250
London, Arkansas 72847
Phone: (479) 293-4081
 
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