ABSTRACT
Drilling activities in the Texas Panhandle continued to increase over preceding years. In all, 825 development and 30 exploratory wells were drilled during the year. No new fields were discovered; however, 5 exploratory tests were completed as field extensions and one as a shallower-pool discovery. Oil production remained constant with more than 33 million barrels produced while gas production decreased by 112.6 billion cubic feet with a total of 862 billion cubic feet produced for the year. Leasing activity remained high with major attention focused on the Palo Duro basin.
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