Skip to Main Content
Skip Nav Destination
GEOREF RECORD

Developments in East Texas in 1957

D. Allen Mabra and Glenn D. Gardner
Developments in East Texas in 1957
Bulletin of the American Association of Petroleum Geologists (June 1958) 42 (6): 1289-1298

Abstract

Development during 1957 was statistically comparable with the previous year. Several of the new discoveries have established encouraging reserves although no major fields were indicated. There were 15 new-field discoveries: 9 in the Upper Cretaceous and 6 in the Lower Cretaceous. Seventeen field and near-field exploratory tests discovered new reserves. One of these was in the Eocene, 3 in the Upper Cretaceous, 12 in the Lower Cretaceous, and 1 in the Jurassic. An increase of 7.9% occurred in total wells drilled, although wildcat drilling declined by 3.4%. Development drilling increased 13%, resulting in a success ratio of 4.5-1. Geophysical activity continued a gradual decline, decreasing by 16% from 1956. Altogether, 904 crew-weeks were reported. Approximately 375,000 acres were acquired, with an average bonus cost of slightly over $13.00.


ISSN: 0883-9247
Coden: AABUD2
Serial Title: Bulletin of the American Association of Petroleum Geologists
Serial Volume: 42
Serial Issue: 6
Title: Developments in East Texas in 1957
Pages: 1289-1298
Published: 19580601
Text Language: English
Publisher: American Association of Petroleum Geologists, Tulsa, OK, United States
Accession Number: 2020-011662
Categories: Economic geology, geology of energy sources
Document Type: Serial
Bibliographic Level: Analytic
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
Close Modal

or Create an Account

Close Modal
Close Modal