EnergyEconomist.com Well Completions
Well Completion* Information
Graphs:

Trends
By Type
Total
Exploratory
Development
By Product
Petroleum
Natural Gas

 

  
Well Completions Change
Percent Change

December 2011 November 2011 December 2010 Monthly Annual Monthly Annual
Total Wells
Petroleum Wells 2,324 2,324 1,459 0 865 0.0% 59.3%
Gas Wells 1,436 1,435 1,689 1 (253) 0.1% -15.0%
Dry Holes 457 456 332 1 125 0.2% 37.7%
Oil Gas and Dry Holes 4,217 4,215 3,480 2 737 0.0% 21.2%
Exploratory
Petroleum Wells 109 109 57 0 52 0.0% 91.2%
Gas Wells 82 81 92 1 (10) 1.2% -10.9%
Dry Holes 119 118 74 1 45 0.8% 60.8%
Oil Gas and Dry Holes 310 308 223 2 87 0.6% 39.0%
Development
Petroleum Wells 2,215 2,215 1,402 0 813 0.0% 58.0%
Gas Wells 1,354 1,354 1,597 0 (243) 0.0% -15.2%
Dry Holes 338 338 258 0 80 0.0% 31.0%
Oil Gas and Dry Holes 3,907 3,907 3,257 0 650 0.0% 20.0%
Total Footage
Oil Gas and Dry Holes 28,717 28,703 24,513 14 4,204 0.0% 17.2%

Well Completions Change
Percent Change

December 2011 November 2011 December 2010 Monthly Annual Monthly Annual
Petroleum Wells
Exploratory 109 109 57 0 52 0.0% 91.2%
Development 2,215 2,215 1,402 0 813 0.0% 58.0%
Total 2,324 2,324 1,459 0 865 0.0% 59.3%
Gas Wells
Exploratory 82 81 92 1 (10) 1.2% -10.9%
Development 1,354 1,354 1,597 0 (243) 0.0% -15.2%
Total 1,436 1,435 1,689 1 (253) 0.1% -15.0%
Dry Holes
Exploratory 119 118 74 1 45 0.8% 60.8%
Development 338 338 258 0 80 0.0% 31.0%
Total 457 456 332 1 125 0.2% 37.7%
Oil Gas and Dry Holes
Exploratory 310 308 223 2 87 0.6% 39.0%
Development 3,907 3,907 3,257 0 650 0.0% 20.0%
Total 4,217 4,215 3,480 2 737 0.0% 21.2%

Footage (1000 ft) 28,717 28,703 24,513 14 4,204 0.0% 17.2%
 
*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.

 
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James L. Williams
WTRG Economics 
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Phone: (479) 293-4081
 
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