Abstract
In 1963 exploratory drilling decreased 5% and development drilling increased 10%. Total drilling activity showed an increase of 7%. The 244 exploratory wells resulted in 49 discoveries, 18 of which are classified as new fields. Success ratio for wildcat wells was 1 of 5 or 20%. The Frio was the objective of more wildcat tests than all other trends combined. The Miocene trend led in development drilling. The Frio trend regained its lead as the most actively explored trend by geophysical methods. An increase in exploratory activity is expected in the Miocene trend offshore Texas, and in the Smackover trend in the northwestern counties of the district.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
