Abstract

8,495 wells were drilled, 17.1% more than 1981. The success rate for all wells was 78.7%, down 2.9% from 1981. The number of exploratory wells drilled was 17.8% higher than 1981, and the total exploratory footage drilled was up 16.0%. The exploratory success rate decreased from 31.2% to 26.4%. Oil production for 1982 was 559,991,956 bbl, down 3.2% from 1981, and gas production was 2,173,835,539 mcf, down 10.8% from 1981. Leasing activity decreased sharply in 1982.--Modified journal abstract.

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