02-08_world-abraham_T2.htm (Aug-2002)

A monthly magazine offering industry news, statistics and technical editorial to the oil and gas drilling, exploration and production industry.

Forecast of 2002 world drilling – comparisons with 2001 and 2000
(Data complied by World Oil, with aid of government agencies, industry associations, oil cos., and private sources.)
	2002 Forecast		Estimated Wells Drilled In 2001								Drilling 2000*
Area And Country	Wells	% diff. 2002– 2001	Oil	Gas	Dry	Suspended	Service	Total** wells		Total footage	Total wells		Total footage

North America	43,922	–9.8	12,384	29,854	5,460	9	988	48,695		226,810,112	44,678		201,048,453
Canada	14,200	–21.2	4,705	11,200	1,800	0	312	18,017		62,800,000	16,507		57,609,430
Cuba	30	15.4	23	0	3	0	0	26		214,845	24		187,500
Mexico	450	0.0	47	364	31	8	0	450		4,049,936	285		2,564,960
United States	29,233	–3.2	7,606	18,290	3,625	0	675	30,196	***	159,703,436	27,857	***	140,631,811
Others	9	50.0	3	0	1	1	1	6		41,895	5		54,752
South America	2,877	–23.5	2,874	146	245	134	362	3,761		23,770,679	3,112		20,957,732
Argentina	870	–38.3	1,233	101	75	0	0	1,409		8,734,081	963		5,954,693
Bolivia	42	–19.2	15	25	5	7	0	52		425,519	55		554,975
Brazil	495	–12.9	279	6	110	79	94	568		3,376,451	487		2,736,800
Chile	4	–20.0	1	1	3	0	0	5		34,700	3		20,227
Colombia	95	–13.6	80	2	13	5	10	110		947,169	105		904,169
Ecuador	90	–3.2	84	0	4	1	4	93		913,265	54		530,283
Peru	20	–47.4	34	2	1	1	0	38		308,979	36		292,717
Trinidad & Tobago	136	–12.8	115	8	21	3	9	156		605,705	131		497,778
Venezuela	1,028	–19.6	989	1	6	37	245	1,278		8,346,134	1,247		9,415,734
Others	97	86.5	44	0	7	1	0	52		78,676	31		50,356
Western Europe	722	–8.4	194	75	61	7	84	788		8,230,119	684		7,340,522
Austria	23	–25.8	14	10	7	0	0	31		191,692	25		162,390
Denmark	35	–2.8	23	2	6	0	5	36		609,895	29		507,416
France	20	–16.7	21	0	1	2	0	24		148,288	19		84,955
Germany	24	100.0	6	2	3	1	0	12		177,272	13		141,759
Italy	58	5.5	8	25	22	0	0	55		312,800	55		332,965
Netherlands	40	14.3	5	24	6	0	0	35		439,670	30		334,347
Norway	170	–20.6	113	9	9	4	79	214		2,745,072	202		2,831,116
United Kingdom	342	–6.8	-----------------Not available-----------------					367		3,518,800	300		2,876,400
Others	10	–28.6	4	3	7	0	0	14		86,630	11		69,174
Eastern Europe/FSU	6,778	6.6	293	64	67	17	10	6,361		43,691,673	5,569		38,141,215
Croatia	25	19.0	6	8	4	2	1	21		79,800	30		114,740
Czech Republic	16	–15.8	6	5	4	3	1	19		88,715	18		98,476
FSU-Russian Federation	5,500	7.0	-----------------Not available-----------------					5,140		36,898,126	4,714		33,851,492
FSU-Others	814	5.7	-----------------Not available-----------------					770		4,771,488	472		2,507,874
Hungary	22	–35.3	11	5	18	0	0	34		137,474	25		123,366
Poland	70	29.6	5	23	24	2	0	54		382,467	56		382,443
Romania	305	2.7	257	16	10	9	5	297		1,210,906	237		970,297
Others	26	0.0	8	7	7	1	3	26		122,697	17		92,527
Africa	922	18.5	492	65	85	112	24	778		6,757,358	712		6,236,643
Algeria	182	23.0	86	35	0	27	0	148		1,650,890	137		1,392,066
Angola	70	–6.7	45	0	13	7	10	75		675,000	80		720,000
Congo	10	–16.7	10	0	2	0	0	12		71,000	25		150,000
Egypt	237	23.4	117	12	22	34	7	192		1,666,112	197		1,819,807
Equatorial Guinea	27	22.7	8	6	0	7	1	22		153,928	22		162,223
Gabon	15	–42.3	20	0	5	0	1	26		156,000	24		144,000
Libya	110	13.4	78	2	9	3	5	97		737,200	76		570,000
Nigeria	110	0.0	80	4	13	13	0	110		990,000	85		791,400
Sudan	50	4.2	23	0	5	20	0	48		305,584	23		161,700
Tunisia	21	50.0	11	0	3	0	0	14		105,980	15		113,562
Others	90	203.6	14	6	13	1	0	34		245,664	28		211,885
Middle East	1,337	2.2	672	69	38	38	146	1,308		9,606,494	1,286		9,502,943
Iran	120	–15.5	60	12	0	6	64	142		792,050	150		945,194
Iraq	---------------------------------Not available---------------------------------										14		98,000
Kuwait	60	–40.0	93	0	0	0	7	100		758,000	138		1,045,771
Neutral Zone	51	2.0	43	0	2	0	5	50		325,000	42		273,000
Oman	360	4.3	267	16	5	3	54	345		2,484,000	320		2,300,985
Qatar	89	2.3	61	1	4	17	4	87		797,301	68		532,500
Saudi Arabia	300	13.2	-----------------Not available-----------------					265		2,146,500	257		2,068,500
Syria	85	6.3	-----------------Not available-----------------					80		840,000	63		693,000
Turkey	30	–3.2	4	6	11	10	0	31		168,253	30		180,091
UAE-Abu Dhabi	91	8.3	40	30	3	2	9	84		767,700	80		730,000
UAE-Dubai	11	37.5	6	0	1	0	1	8		74,000	7		63,000
Yemen	95	13.1	75	0	8	0	1	84		302,374	80		407,500
Others	45	40.6	23	4	4	0	1	32		151,316	37		165,402
Far East	12,477	1.9	1,305	302	217	31	193	12,248		65,735,214	11,915		64,326,663
Brunei	52	–15.2	25	1	0	1	0	27		185,678	19		159,256
China	10,275	0.7	-----------------Not available-----------------					10,200		54,592,063	10,055		53,816,000
India	387	9.0	209	36	106	0	4	355		2,667,915	338		2,592,832
Indonesia	1,250	4.2	855	85	62	15	183	1,200		3,988,620	1,046		3,476,753
Malaysia	45	–49.4	65	15	9	0	0	89		855,614	56		590,498
Myanmar	58	38.1	18	11	13	0	0	42		169,102	43		185,169
Pakistan	55	34.1	10	8	9	14	0	41		308,297	39		293,258
Philippines	3	0.0	1	1	0	0	1	3		22,089	11		97,828
Thailand	260	28.1	79	115	4	0	5	203		2,117,106	229		2,375,136
Vietnam	55	10.0	35	9	6	0	0	50		519,950	45		467,955
Others	37	–2.6	8	21	8	1	0	38		308,780	34		272,028
South Pacific	261	9.2	50	103	86	0	0	239		2,008,023	225		1,811,587
Australia	233	11.0	36	94	80	0	0	210		1,722,364	199		1,567,250
New Zealand	24	–4.0	10	9	6	0	0	25		234,523	21		197,000
Papua New Guinea	4	0.0	4	0	0	0	0	4		51,136	5		47,337

World Total	69,296	–6.6	18,264	30,678	6,259	348	1,807	74,178		386,609,672	68,181		349,365,758
* Revised Note: 2001 well totals will not equal sum of breakdown categories due to lack of data in some countries. * API counts subject to further revision.

FROM THE ARCHIVE