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 quarter.
"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.