EnergyEconomist.com Well Completions
Well Completion* Information
Graphs:

Trends
By Type
Total
Exploratory
Development
By Product
Petroleum
Natural Gas

 




Change
Percent Change

May, 2009 April, 2009 May, 2008 Monthly Annual Monthly Annual
Total Wells
Petroleum Wells 773 860 1,462 (87) (689) -10.1% -47.1%
Gas Wells 1,499 1,552 2,712 (53) (1,213) -3.4% -44.7%
Dry Holes 253 256 425 (3) (172) -1.2% -40.5%
Oil Gas and Dry Holes 2,525 2,668 4,599 (143) (2,074) -5.4% -45.1%
Exploratory
Petroleum Wells 37 44 99 (7) (62) -15.9% -62.6%
Gas Wells 120 123 249 (3) (129) -2.4% -51.8%
Dry Holes 77 83 144 (6) (67) -7.2% -46.5%
Oil Gas and Dry Holes 234 250 492 (16) (258) -6.4% -52.4%
Development
Petroleum Wells 736 816 1,363 (80) (627) -9.8% -46.0%
Gas Wells 1,379 1,429 2,463 (50) (1,084) -3.5% -44.0%
Dry Holes 176 173 281 3 (105) 1.7% -37.4%
Oil Gas and Dry Holes 2,291 2,418 4,107 (127) (1,816) -5.3% -44.2%
Total Footage
Oil Gas and Dry Holes 15,092 15,903 27,486 (811) (12,394) -5.1% -45.1%





Change
Percent Change

May, 2009 April, 2009 May, 2008 Monthly Annual Monthly Annual
Petroleum Wells
Exploratory 37 44 99 (7) (62) -15.9% -62.6%
Development 736 816 1,363 (80) (627) -9.8% -46.0%
Total 773 860 1,462 (87) (689) -10.1% -47.1%
Gas Wells
Exploratory 120 123 249 (3) (129) -2.4% -51.8%
Development 1,379 1,429 2,463 (50) (1,084) -3.5% -44.0%
Total 1,499 1,552 2,712 (53) (1,213) -3.4% -44.7%
Dry Holes
Exploratory 77 83 144 (6) (67) -7.2% -46.5%
Development 176 173 281 3 (105) 1.7% -37.4%
Total 253 256 425 (3) (172) -1.2% -40.5%
Oil Gas and Dry Holes
Exploratory 234 250 492 (16) (258) -6.4% -52.4%
Development 2,291 2,418 4,107 (127) (1,816) -5.3% -44.2%
Total 2,525 2,668 4,599 (143) (2,074) -5.4% -45.1%
 
Footage (1000 ft) 15,092 15,903 27,486 (811) (12,394) -5.1% -45.1%


*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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