Papers - Production - Domestic - West Texas Oil Development in 1937

West Texas was the scene of greatly increased oil activity during 1937, producing 75,743,000 bb1.l in that year as compared with 61,901,-000 bb1.2 in 1936, an increase of 22.36 per cent. The annual total of wells completed increased from 15863 in 1936 to 28062 in 1937, an increase of 76.92 per cent. Of the total completions in 1937, 2464 were oil wells,2 11 gas wells2 and 331 dry holes.2 The marked increase in the number of oil wells completed in West Texas during 1937 had a substantial effect upon the daily average production per well, which decreased 20.84 per cent from December 1936, when a total of 5310 wells3 produced 5,236,467 bbl.3 for an average of 31.81 bbl. per well per day to December 1937, when 7571 wells2 with a total production of 5,910,257 bb1.2 averaged 25.18 bbl. per well per day. Drilling blocks and checkerboard acreage were being acquired following geophysical work in the northern end of the Permian Basin area, composed of Bailey, Cochran, Hockley, Yoakum and Terry Counties, presaging extension of active development northward. During 1937, at one time 30 geophysical crews were working in West Texas, and an average of 15 to 20 crews was active in this area throughout the year. Discoveries Wasson-Denver Field.—Wasson-Denver field in Gaines and Yoakum Counties was the outstanding field discovery of the year. Production is from porous limestone found at about 5000 ft., and an average well is good for from 300 to 500 bbl. of crude oil per day through 3/4-in. choke. The discovery well was drilled by A. G. Carter and others on the Wasson Ranch, Gaines County, and the field has since been extended into Yoakum County. At the year's end 21 wells had been completed, producing