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The AAPG/Datapages Combined Publications Database
AAPG Bulletin
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Exploratory and development drilling operations increased considerably during 1960, while surface mapping and geophysical activities showed a substantial decrease during the year. Thirty-one wells were active during 1960, compared with 20 in 1959. Ten exploratory wells and 16 development wells were spudded during the year, representing increases of 25% and 100%, respectively, over the previous year.
One new gas field, 2 major step-outs, and 1 new gas zone were discovered in 1960.
Eighteen oil companies had surface parties in the field during the year. At the close of 1960, there were approximately 34,000,000 acres under Federal oil and gas leases and 117,203 under State of Alaska oil and gas leases.
Surface mapping and geophysical activity in 1961 should remain at the 1960 level, and drilling activity should increase substantially during the coming year.
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