About This Item

Share This Item

The AAPG/Datapages Combined Publications Database

AAPG Bulletin

Abstract


Volume: 63 (1979)

Issue: 8. (August)

First Page: 1236

Last Page: 1243

Title: Developments in West Texas and Eastern New Mexico in 1978

Author(s): Wayne R. Gibson, Craig W. Stichtenoth (2)

Abstract:

A total of 4,572 wells was drilled in eastern New Mexico and west Texas during 1978--6.7% fewer than in 1977. The success rate for all wells was 78.8%, identical with 1977. The number of exploratory wells drilled was 16.9% fewer than in 1977, but total exploratory footage drilled was down only 5%. The exploratory success rate increased by 2.8% to 36.4%. Seismic-crew activity increased 15.9% from 1977 continuing an upward trend. Seismic activity is usually a reliable indicator of trends in exploratory drilling; therefore, a new increase in wildcat drilling is predicted for late 1979 and 1980.

During 1978 4.3% fewer development wells were drilled, but total development footage increased 3.1% to a record 23,199,275 ft. Development success rate decreased 1.9% to 87.3%. Oil production for 1978 was 669,441,101 bbl, down 3.9% from 1977 and down 10.4% from the all-time high of 747,467,187 bbl in 1973. Despite this decline, oil production from west Texas and eastern New Mexico still represents approximately one-fifth of total United States production.

Pay-Per-View Purchase Options

The article is available through a document delivery service. Explain these Purchase Options.

Protected Document: $10
Internal PDF Document: $14
Open PDF Document: $24

AAPG Member?

Please login with your Member username and password.

Members of AAPG receive access to the full AAPG Bulletin Archives as part of their membership. For more information, contact the AAPG Membership Department at [email protected].