In this time of uncertain geopolitical events and natural disasters, the petroleum industry continues to direct its energy in positive and constructive ways. For over half a century, API's Joint Association Survey on Drilling Costs (JAS) has been and continues to be a testament to our industry's continuing efforts to explore for and find the oil and gas needed to keep America going strong.
These efforts are risky and expensive. Yet our resolve to meet America's energy demands is relentless.
Data for oil wells, gas wells and dry holes are reported separately, and the information is further disaggregated by depth interval. Additional tables summarize the total United States by depth range and well type.
This 57th edition of the JAS is a small contribution to the industry the Institute has represented faithfully since 1919. As the more than 400 API member companies involved in all aspects of the oil and natural gas industry and anyone else interested in the domestic oil and gas industry plan their future business activities, we hope the JAS helps them improve their performance and better meet the challenges ahead as they move farther into the 21st century.
Whether your business is small or large or has one office or multiple sites across the United States, we feel certain the JAS can provide a valuable framework that can help you plan in an uncertain environment.
The JAS is co-sponsored by the API, the Independent Petroleum Association of America (IPAA) and the Mid-Continent Oil and Gas Association (MOGA).