Oil and gas developments in Louisiana Gulf Coast onshore in 1986
Operators drilled 991 wells in onshore south Louisiana in 1986, a decrease of 29% from 1985 and a fall of 37% from the peak year of 1981. Industry drilled 113 wildcats, 136 other exploratory tests, and 742 development wells. Total footage dropped 41% to 8,721,992 ft, and average footage also fell to 8801 ft/well from 10,575 ft/well in 1985. The industry success rate was 43%, with 13 new fields discovered and 33 significant extensions completed. Leasing activity in south Louisiana was crippled, with the total amount of leased acreage (268,925 ac) decreasing 56% compared to 1985 and 85% compared to the high in 1981. Allen, St. Bernard, Cameron, Lafourche, Acadia, and Vernon Parishes were the leading lease sites. Geophysical activity fell 56% from 1985 and declined 74% from peak 1981 levels as 441 crew-weeks of seismic were shot. Interest was heaviest in Vermilion, Calcasieu, Terrebonne, Beauregard, Cameron, and Plaquemines Parishes. 4 figures, 5 tables.
- Research Organization:
- Arco Oil and Gas Co., Lafayette, LA
- OSTI ID:
- 6003060
- Journal Information:
- AAPG (Am. Assoc. Pet. Geol.) Bull.; (United States), Vol. 71:10B
- Country of Publication:
- United States
- Language:
- English
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Oil and gas developments in Louisiana Gulf Coast onshore in 1987
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