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GEOREF RECORD
Developments in South Texas in 1954
R. W. Grayson
Developments in South Texas in 1954
Bulletin of the American Association of Petroleum Geologists (June 1955) 39 (6): 954-966
Developments in South Texas in 1954
Bulletin of the American Association of Petroleum Geologists (June 1955) 39 (6): 954-966
Index Terms/Descriptors
Latitude & Longitude
Abstract
Drilling activity in South Texas for 1954 was down 4% from the previous high in 1953, yet was still greater than any other year. Wildcat drilling decreased 6.1% and development drilling decreased 3.2%. However, the 118 discoveries were 7% more than in the previous year and the discovery ratio was raised slightly. No major reserves are indicated from these discoveries, but extensions and new-pays have added considerable reserves. Oil production was down 7% due to decreased allowables. Gas and liquid hydrocarbons produced were up 10%. Production in 1954 amounted to 150,314,031 barrels of oil, 28,113,943 barrels of liquid hydrocarbons, 467 billion cubic feet of casing-head gas, and 1,376.8 billion cubic feet of gas.
ISSN: 0883-9247
Serial Title: Bulletin of the American Association of Petroleum Geologists
Serial Volume: 39
Serial Issue: 6
Title: Developments in South Texas in 1954
Author(s): Grayson, R. W.
Pages: 954-966
Published: 195506
Text Language: English
Publisher: American Association of Petroleum Geologists,
Tulsa, OK,
United States
Accession Number: 2020-011626
Categories: Economic geology, geology of energy sources
Document Type: Serial
Bibliographic Level: Analytic
N25°45'00" - N36°30'00", W106°30'00" - W93°30'00"
Country of Publication: United States
Secondary Affiliation: GeoRef, Copyright 2020, American Geosciences Institute. Reference includes data from GeoScienceWorld, Alexandria, VA, United States. Reference includes data supplied by American Association of Petroleum Geologists, Tulsa, OK, United States
Update Code: 2020
