Louisiana Farmout - Horizontal Wells
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FAQ
The first oil well in Louisiana was drilled in 1901 in a rice field on the "Mamou Prairie" in the community of Evangeline near Jennings. The owner of the property, Jules Clement, had noticed bubbles rising from a spot in one of his rice fields when it flooded.
The oil industry has built thousands of miles of man-made canals in coastal marshes and barrier islands, which have contributed to the state's coastal erosion problem. Experts also believe that taking fluids from underground has led to subsidence, a form of land collapse.
The first modern oil well in America was drilled by Edwin Drake in Titusville, Pennsylvania in 1859. The discovery of petroleum in Titusville led to the Pennsylvania 'oil rush', making oil one of the most valuable commodities in America.
What is the average depth an oil or gas well is drilled in Louisiana? 6,876 feet is the average depth of a well in Louisiana.
Wells drilled in search of oil to depths below 3,000 feet subsea shall not be located closer than 330 feet from any property line nor closer than 900 feet from any other well completed in, drilling to, or for which a permit shall have been granted to drill to, the same pool.
By March 1986, the oil bust had caused Louisiana's unemployment rate to hit 13.2 percent, the highest in the country and nearly 6 percentage points above the national average.
First oil well of commercial quantities discovered in the state: The Heywood #1 Jules Clement well, drilled near Evangeline, Louisiana, in Acadia Parish, which was drilled to a depth of approximately 1,700 feet in September 1901 (counties are called ?parishes? in Louisiana).
Louisiana statewide summary oil and gas data that goes back to 1977 and contains information on the 206,741 wells that have been drilled in the state since that time. Louisiana is ranked #5 in the US based on Barrels of Oil Equivalent (BOE) produced in Jun 2023.
