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The AAPG/Datapages Combined Publications Database

AAPG Bulletin


Volume: 26 (1942)

Issue: 5. (May)

First Page: 904

Last Page: 904

Title: Discovery Rate and Relation of Wildcatting to the Discovery of New Reserves: ABSTRACT

Author(s): Frederick H. Lahee

Article Type: Meeting abstract


The total number of wildcats drilled in 1941, in the states covered by this report, was 3,264, and the footage drilled was 11,615,085, as contrasted with 3,038 holes and 10,144,870 feet, respectively, in 1940. The average depth of hole increased from 3,339 feet to 3,559 feet for all states covered, and from 4,209 feet to 4,372 feet in the southern states.

This resume on wildcatting is followed by a study of discovery rate in the eleven states of Arkansas, California, Illinois, Indiana, Kansas, Louisiana, Michigan, Mississippi, New Mexico, Oklahoma, and Texas. Discovery rate is measured by the relations between wildcatting and the discovery of new reserves during the last half decade. Except for a slight rise, in 1941, in the curves expressing rate of discovery, there has been a decline since 1937.

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Copyright 1997 American Association of Petroleum Geologists