API reports jump in 3Q oil well completions

By OGJ editors

US oil drilling in this year’s third quarter climbed 16% from a year earlier, the American Petroleum Institute said in its latest quarterly well completion report.

The report estimates that 10,574 wells were completed in the third quarter, including 6,379 oil wells, 3,188 natural gas wells, and 1,007 dry holes.

A year ago API reported that an estimated 4,434 gas wells were completed in 2010’s third quarter, 28% more than during the comparable 2009 period (OGJ Online, Oct. 26, 2010).

Estimated footage was 77,123,000 ft drilled in the recent quarter, a 6% increase from third quarter 2010.

An estimated 31,620 wells have been completed to date in 2011. API also reported increases in oil well completions for the 2011 first and second quarters (OGJ Online, Apr. 15, 2011; OGJ Online, July 15, 2011).

Related Articles

Baker Hughes: US drilling rig count drops to 1,803

03/21/2014 After consecutive weeks of significant gains, the US drilling rig count lost 6 units to 1,803 rigs working during the week ended Mar. 21, Baker Hug...

Cenovus gets AER approval for Grand Rapids oil sands project

03/21/2014 Cenovus Energy Inc. reported that it has received approval from the Alberta Energy Regulator (AER) for its wholly owned Grand Rapids thermal oil sa...

Shell lets contracts for Majnoon development

03/18/2014 Shell Iraq Petroleum Development BV has let engineering and procurement services contracts to Foster Wheeler Kentz Energy Services DMCC, Dubai, for...

Ivanhoe halts Tamarack oil sands project citing lack of regulatory ‘clarity’

03/18/2014 Ivanhoe Energy Inc. has suspended activity on its Tamarack oil sands project pending approval for its thermal oil sands application from the govern...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected