US oil and natural
gas well drilling activity increased in the 2011 second
quarter, according to a quarterly analysis released by the
American Petroleum Institute (API).
An estimated 10,939 oil wells, natural
gas wells and dry holes were completed, up 14% from
2010s second quarter and up 46% from 2009s second
"Todays report shows that the oil and natural
gas industry is ready and willing to make investments and
create jobs right here in America," said Hazem Arafa, director
of APIs statistics department.
"With the right public policies to allow more access to our
vast domestic energy resources, the industry can do even more
to help solve our jobs and deficit problems all while
increasing our energy security."
API reported total estimated footage of
83,093,000 feet drilled in the second quarter of 2011.