EnergyEconomist.com Well Completions
Well Completion* Information
Graphs:

Trends
By Type
Total
Exploratory
Development
By Product
Petroleum
Natural Gas

 




Change
Percent Change

January, 2010 December, 2009 January, 2009 Monthly Annual Monthly Annual
Total Wells
Petroleum Wells 1,722 1,582 1,426 140 296 8.8% 20.8%
Gas Wells 1,632 1,456 2,530 176 (898) 12.1% -35.5%
Dry Holes 334 303 374 31 (40) 10.2% -10.7%
Oil Gas and Dry Holes 3,688 3,341 4,330 347 (642) 10.4% -14.8%
Exploratory
Petroleum Wells 95 88 92 7 3 8.0% 3.3%
Gas Wells 127 122 190 5 (63) 4.1% -33.2%
Dry Holes 103 94 111 9 (8) 9.6% -7.2%
Oil Gas and Dry Holes 325 304 393 21 (68) 6.9% -17.3%
Development
Petroleum Wells 1,627 1,494 1,334 133 293 8.9% 22.0%
Gas Wells 1,505 1,334 2,340 171 (835) 12.8% -35.7%
Dry Holes 231 209 263 22 (32) 10.5% -12.2%
Oil Gas and Dry Holes 3,363 3,037 3,937 326 (574) 10.7% -14.6%
Total Footage
Oil Gas and Dry Holes 21,984 19,867 26,606 2,117 (4,622) 10.7% -17.4%





Chanstge
Percent Change

January, 2010 December, 2009 January, 2009 Monthly Annual Monthly Annual
Petroleum Wells
Exploratory 95 88 92 7 3 8.0% 3.3%
Development 1,627 1,494 1,334 133 293 8.9% 22.0%
Total 1,722 1,582 1,426 140 296 8.8% 20.8%
Gas Wells
Exploratory 127 122 190 5 (63) 4.1% -33.2%
Development 1,505 1,334 2,340 171 (835) 12.8% -35.7%
Total 1,632 1,456 2,530 176 (898) 12.1% -35.5%
Dry Holes
Exploratory 103 94 111 9 (8) 9.6% -7.2%
Development 231 209 263 22 (32) 10.5% -12.2%
Total 334 303 374 31 (40) 10.2% -10.7%
Oil Gas and Dry Holes
Exploratory 325 304 393 21 (68) 6.9% -17.3%
Development 3,363 3,037 3,937 326 (574) 10.7% -14.6%
Total 3,688 3,341 4,330 347 (642) 10.4% -14.8%

Footage (1000 ft) 21,984 19,867 26,606 2,117 (4,622) 10.7% -17.4%


*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 2002-2009 by James L. Williams  
 
James L. Williams
WTRG Economics 
P.O. Box 250
London, Arkansas 72847
Phone: (479) 293-4081
 
To contact us or if you have comments or suggestions, 
email WTRG at wtrg@wtrg.com