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Thursday, 9 December 1965

Mr FAIRBAIRN - Yes. There has been an increase in the number of wells drilled this year compared with the number drilled last year. The number drilled so far this year is a record. The increase in the number of wells drilled has not been as large as I had hoped it would be. There are two reasons why the number is not higher. One is that more wells are being drilled to a great depth. This is because of gas strikes at a considerable depth. Two such wells are at Gilmore in Queensland and Gin Gin in Western Australia. The latter has been drilled to a depth of almost 15,000 feet. Whereas a well can be drilled to, perhaps, 2,000 feet in three or four days it takes many weeks to drill to great depths. Another reason why more wells have not been drilled is that more of the money allocated has gone on seismic work rather than on direct drilling. In spite of all these things it is interesting to note that there has been an increase in the amount of drilling in Australia and in the number of wells drilled.


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