The table below summarizes the Company’s gross drilling activities by core area for the fourth quarter and full year 2012:
|Total Wells 1||Operated Wells||Completed Wells|
|4Q 2012||FY 2012||4Q 2012||FY 2012||4Q 2012||FY 2012|
|New Mexico Shelf||73||360||29||251||85||348|
1 Includes 5 wells that were plugged and abandoned in 2012.
Currently, the Company is operating 31 drilling rigs; 5 of these rigs are drilling Yeso wells in the New Mexico Shelf, 14 are drilling in the Texas Permian and 12 are drilling in the Delaware Basin. Of the 31 operated rigs, the Company is currently running 16 horizontal drilling rigs, including 12 in the Delaware Basin, 1 in the Texas Permian and 3 in the New Mexico Shelf.