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The AAPG/Datapages Combined Publications Database
AAPG Bulletin
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Exploratory and development drilling in Western Canada declined from 2,920 wells in 1970 to 2,863 wells during 1971, down less than 2%. The 1,415 exploratory wells drilled in 1971 represent a decline of 32 wells from 1,447 wells drilled the previous year. Successful wildcats increased 4.3% to 30.8% of wells drilled. Exploratory footage decreased less than 1% as wildcat activity declined in Alberta, Saskatchewan, and Manitoba, but increased in British Columbia, Yukon, Northwest Territories, and Arctic Islands.
Imperial Oil recorded an oil discovery on Tuktoyaktuk Peninsula, east of Mackenzie River delta, followed by a dual-zone gas discovery in the delta. Panarctic Oils consortium confirmed presence of a major gas reservoir on King Christian Island.
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