Wells Drilled

Total development and exploratory wells drilled, including natural gas, coalbed methane, crude oil, crude bitumen and other wells.

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Wells Drilled

Trend % CHANGE
Wells Drilled
TREND: INC DEC NO CHG POS NEG

Analysis

PUBLISHED - Mar 1, 2017

The number of exploratory and development wells drilled in December 2016 increased 75.6% from the same period a year ago, from 193 to 339. Most well types experienced gains, with the most substantial numbers being added in the crude oil development wells category, jumping from 43 in December 2015 to 119 in December 2016. Though the number of wells drilled fell 22.4% over calendar year 2016 compared to one year earlier, this late-year movement is an encouraging sign.