Discovery Rate Research Articles

California Exploration and Development in 1941

California's decline in discovery rate was sharply checked in 1941. Thirteen new areas of production were officially acknowledged. Eight are definitely established as fields, this figure including one new gas field. The status of the remaining five remains unsettled either by virtue of their imperfect state of development, or because subsequent drilling may prove them extensions of old fields. In addition, there were discovered three significant extensions to old fields, and a deep zone in one of the new fields of this year. Increase in discovery rate was associated with increased exploratory effort as indexed by wildcat drilling, geophysical activity, and geological employment. Although numerically impressive, the addition to reserves by 1941 discoveries was disappointing, amounting to a tenth or less than the year's production. Nevertheless, the year's record of improved discovery rate is encouraging, and implies that we may reasonably expect discoveries to continue with perhaps an occasional one of major proportion. The problem of diminishing rate of supply is briefly examined.

Review of Developments in 1941, Gulf Coast of Upper Texas and Louisiana

More refined methods of oil exploration have resulted in a slight increase in the discovery rate on the Texas Gulf Coast for 1941 but the generally second-grade type of individual pool that has resulted from exploratory activity during the past few years, still characterizes the discovery column. Coastal Louisiana has had a successful year, with 17 new productive areas but there is no one of these that seems at this time to compare with some of the outstanding discoveries of recent years. Activity along the Eocene Wilcox trend has been rather successful in Texas for 1941 but has failed to result in a new discovery in Louisiana. Louisiana, however, has made impressive additions to the reserves of previously discovered fields by extension and through the opening of new producing sands.

Review of Developments in 1941, Gulf Coast of Upper Texas and Louisiana: ABSTRACT

More refined methods of oil exploration have resulted in a slight increase in the discovery rate on the Texas Gulf Coast for 1941 but the generally second-grade type of individual pool that has resulted from exploratory activity during the past few years still characterizes the discovery column. Coastal Louisiana has had a successful year, with 17 new productive areas but there is no one of these that seems at this time to compare with some of the outstanding discoveries of recent years. Activity along the Eocene Wilcox trend has been rather successful in Texas for End_Page 905------------------------------ 1941 but has failed to result in a new discovery in Louisiana. Louisiana, however, has made impressive additions to the reserves of previously discovered fields by extension and through the opening of new producing sands. End_of_Article - Last_Page 906------------

Discovery Rates in Oil Finding: DISCUSSION

Discovery Rates in Oil Finding: DISCUSSION