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The AAPG/Datapages Combined Publications Database

AAPG Bulletin

Abstract


Volume: 38 (1954)

Issue: 6. (June)

First Page: 1164

Last Page: 1169

Title: Development in North Texas in 1953

Author(s): Luther B. Smith, Jr. (2)

Abstract:

Production of oil increased from 63,078,150 barrels in 1952 to 67,752,674 during 1953. A total of 3,807 tests were drilled in District 9 resulting in 2,020 successful completions. Of the successful tests 235 were exploratory discoveries, 42 of which discovered new fields compared with 51 new-field discoveries in 1952. The discovery rate on all classifications of exploratory holes was 21.9 per cent, with 64.9 per cent of the development wells being successfully completed.

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