Oil and gas developments in Louisiana Gulf Coast offshore in 1985

Journal Article · Wed Oct 01 04:00:00 EDT 1986 · Am. Assoc. Pet. Geol., Bull.; (United States)

OSTI ID:6884639

Forsthoff, H S; Kersting, J J

In 1985 offshore Louisiana, 974 wells were drilled, a decrease of 171 wells from 1984. The overall success rate was 56.2%, a decrease from the 63.9% success rate of 1984. With 40 discoveries, down from 65 in 1984, the success rate for new-field wildcats decreased to 22.2%. New-pool and out-post drilling increased by 51 wells over 1984 levels to 108 wells drilled. Of these, 51 discoveries were made, compared to 34 in 1984. At Federal Lease Sale 98 on May 22, 1985, $986.56 million was bid on 415 leases by 74 companies. The total of accepted winning bids on 380 tracts (1.96 million ac) was $918.50 million. Geophysical activity fell 14.8% from 1984 levels to 965 crew-weeks. Liquids and gas production also decrease 9.1% (to 327 million bbl) and 15.3% (to 3391 bcf), respectively. 1 figure, 6 tables.

• Research Organization: Chevron U.S.A. Inc., New Orleans, LA
• OSTI ID: 6884639
• Journal Information: Am. Assoc. Pet. Geol., Bull.; (United States), Journal Name: Am. Assoc. Pet. Geol., Bull.; (United States) Vol. 70:10; ISSN AAPGB
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020200 -- Petroleum-- Reserves
Geology
& Exploration
020300* -- Petroleum-- Drilling & Production
03 NATURAL GAS
030200 -- Natural Gas-- Reserves
Geology
& Exploration
030300 -- Natural Gas-- Drilling
Production
& Processing
ATLANTIC OCEAN
CARIBBEAN SEA
DRILLING
ENERGY SOURCES
EXPLORATION
EXPLORATORY WELLS
FEDERAL REGION VI
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
GULF OF MEXICO
INDUSTRY
LOUISIANA
NATURAL GAS
NATURAL GAS INDUSTRY
NATURAL GAS WELLS
NORTH AMERICA
OIL WELLS
PETROLEUM
PETROLEUM INDUSTRY
PRODUCTION
SEAS
SURFACE WATERS
USA
WELL DRILLING
WELLS