ABSTRACT
Exploratory activity in the Panhandle District during 1960 was down 36% and development drilling was off 20%. Exploratory success ratios were 3% higher than the previous year, indicating that drilling prospects are being selected with more care. The Anadarko basin, along with the shallow “Redbed” and deeper Pennsylvanian drilling in the Panhandle-Hugoton fields, had the majority of the activity for 1960. Both the Dalhart and Palo Duro basins were slow.
In 1961, activity will be similar to 1960 with shallow and deeper plays in the Panhandle-Hugoton fields, showing a marked increase.
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