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Texas Drilling Reliant on 1300 Rigs for 50 Daily Wells
Texas oil and gas activity relies on about 1,300 rigs statewide to drill roughly 50 wells daily. Through August 1953, permitting rose modestly while total wells finished fell about 2 percent from 1952, with dry holes still a major risk and wildcat success limited.
MENTIONED IN THIS ARTICLE
Texas
Texas Mid-Continent Oil & Gas Association
Railroad Commission and Industry Publications
American Association of Petroleum Geologists
Spraberry
West Texas
Andrews County
Pecos County
District 8