98-02_letter_T1.html (Feb-1998)

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February 1998 Vol. 219 No. 2
Outlook '98

Forecast of 1998 U.S. wells and footage to be drilled

Total wells
Total footage (1,000 ft)

1998 1997 % 1998 1997 %

State or district Forecast Estimate⁴ Difference Forecast Estimate⁴ Difference

Alabama¹ 175 170 2.9 753 714 5.5

Alaska 215 170 26.5 1,591 1,272 25.1

Alaska-offshore² 10 7 42.9 75 53 41.5

Arkansas 390 375 4.0 2,292 2,190 4.7

California 2,600 2,750 – 5.5 5,460 5,803 – 5.9

California-offshore² 30 35 – 14.3 189 217 – 12.9

Colorado 775 730 6.2 4,053 3,833 5.7

Gulf of Mexico² 1,210 1,124 7.7 11,465 10,566 8.5

Illinois 385 410 – 6.1 1,345 1,435 – 6.3

Indiana 165 180 – 8.3 265 288 – 8.0

Kansas 1,488 1,302 14.3 5,134 4,440 15.6

Kentucky 900 842 6.9 1,900 1,780 6.7

Louisiana¹ 1,495 1,418 5.4 11,833 11,051 7.1

  North 755 733 3.0 3,915 3,790 3.3

  South 740 685 8.0 7,918 7,261 9.0

Michigan 875 850 2.9 1,492 1,462 2.1

Mississippi¹ 152 144 5.6 1,400 1,311 6.8

Montana 290 275 5.5 1,247 1,200 3.9

Nebraska 85 75 13.3 387 374 3.5

Nevada 15 13 15.4 84 76 10.5

New Mexico 1,580 1,450 9.0 9,733 8,918 9.1

New York 112 88 27.3 269 234 15.0

North Dakota 195 182 7.1 2,210 2,038 8.4

Ohio 710 750 – 5.3 3,211 3,461 – 7.2

Oklahoma 1,995 1,952 2.2 13,173 12,790 3.0

Pennsylvania 1,455 1,365 6.6 4,800 4,600 4.3

South Dakota 21 20 5.0 140 130 7.7

Tennessee 120 130 – 7.7 250 278 – 10.1

Texas¹ 9,004 8,553 5.3 59,369 55,659 6.7

  TX-1 385 421 – 8.6 2,649 2,894 – 8.5

  TX-2 514 450 14.2 3,284 2,760 19.0

  TX-3 724 643 12.6 5,867 5,101 15.0

  TX-4 913 812 12.4 7,865 6,994 12.5

  TX-5 282 256 10.2 2,622 2,333 12.4

  TX-6 733 679 8.0 6,308 5,924 6.5

  TX-7B 920 855 7.6 3,444 3,140 9.7

  TX-7C 1,134 1,167 – 2.8 7,084 7,359 – 3.7

  TX-8 1,420 1,380 2.9 9,895 9,308 6.3

  TX-8A 764 728 4.9 4,467 4,240 5.4

  TX-9 655 591 10.8 2,616 2,353 11.2

  TX-10 560 571 – 1.9 3,268 3,253 0.5

Utah 355 350 1.4 1,986 1,951 1.8

Virginia 300 210 42.9 905 615 47.2

West Virginia 729 678 7.5 2,890 2,681 7.8

Wyoming 1,333 1,222 9.1 10,004 8,823 13.4

Others³ 36 37 – 2.7 78 114 – 31.6

Total U.S. 29,200 27,857 4.8 159,983 150,357 6.4

¹ Excludes state and federal offshore wells, which are included in the Gulf of Mexico.
² Includes state and federal offshore wells.
³ Others include Arizona, Florida, Georgia, Maryland, Missouri, Oregon and Washington.
⁴ 1997 estimates are based on well counts furnished by state and federal regulatory agencies, API, and Offshore Data Services for the Gulf of Mexico.

A Special Report on the Oil Outlook from World Oil


	Total wells			Total footage (1,000 ft)
	1998	1997	%	1998	1997	%
State or district	Forecast	Estimate⁴	Difference	Forecast	Estimate⁴	Difference

Alabama¹	175	170	2.9	753	714	5.5
Alaska	215	170	26.5	1,591	1,272	25.1
Alaska-offshore²	10	7	42.9	75	53	41.5
Arkansas	390	375	4.0	2,292	2,190	4.7
California	2,600	2,750	– 5.5	5,460	5,803	– 5.9
California-offshore²	30	35	– 14.3	189	217	– 12.9
Colorado	775	730	6.2	4,053	3,833	5.7
Gulf of Mexico²	1,210	1,124	7.7	11,465	10,566	8.5
Illinois	385	410	– 6.1	1,345	1,435	– 6.3
Indiana	165	180	– 8.3	265	288	– 8.0
Kansas	1,488	1,302	14.3	5,134	4,440	15.6
Kentucky	900	842	6.9	1,900	1,780	6.7
Louisiana¹	1,495	1,418	5.4	11,833	11,051	7.1
North	755	733	3.0	3,915	3,790	3.3
South	740	685	8.0	7,918	7,261	9.0
Michigan	875	850	2.9	1,492	1,462	2.1
Mississippi¹	152	144	5.6	1,400	1,311	6.8
Montana	290	275	5.5	1,247	1,200	3.9
Nebraska	85	75	13.3	387	374	3.5
Nevada	15	13	15.4	84	76	10.5
New Mexico	1,580	1,450	9.0	9,733	8,918	9.1
New York	112	88	27.3	269	234	15.0
North Dakota	195	182	7.1	2,210	2,038	8.4
Ohio	710	750	– 5.3	3,211	3,461	– 7.2
Oklahoma	1,995	1,952	2.2	13,173	12,790	3.0
Pennsylvania	1,455	1,365	6.6	4,800	4,600	4.3
South Dakota	21	20	5.0	140	130	7.7
Tennessee	120	130	– 7.7	250	278	– 10.1
Texas¹	9,004	8,553	5.3	59,369	55,659	6.7
TX-1	385	421	– 8.6	2,649	2,894	– 8.5
TX-2	514	450	14.2	3,284	2,760	19.0
TX-3	724	643	12.6	5,867	5,101	15.0
TX-4	913	812	12.4	7,865	6,994	12.5
TX-5	282	256	10.2	2,622	2,333	12.4
TX-6	733	679	8.0	6,308	5,924	6.5
TX-7B	920	855	7.6	3,444	3,140	9.7
TX-7C	1,134	1,167	– 2.8	7,084	7,359	– 3.7
TX-8	1,420	1,380	2.9	9,895	9,308	6.3
TX-8A	764	728	4.9	4,467	4,240	5.4
TX-9	655	591	10.8	2,616	2,353	11.2
TX-10	560	571	– 1.9	3,268	3,253	0.5
Utah	355	350	1.4	1,986	1,951	1.8
Virginia	300	210	42.9	905	615	47.2
West Virginia	729	678	7.5	2,890	2,681	7.8
Wyoming	1,333	1,222	9.1	10,004	8,823	13.4
Others³	36	37	– 2.7	78	114	– 31.6

Total U.S.	29,200	27,857	4.8	159,983	150,357	6.4
¹ Excludes state and federal offshore wells, which are included in the Gulf of Mexico. ² Includes state and federal offshore wells. ³ Others include Arizona, Florida, Georgia, Maryland, Missouri, Oregon and Washington. ⁴ 1997 estimates are based on well counts furnished by state and federal regulatory agencies, API, and Offshore Data Services for the Gulf of Mexico.