Developments in Louisiana Gulf Coast offshore in 1979. [Tabular data and map]

Journal Article · Mon Sep 01 00:00:00 EDT 1980 · Am. Assoc. Pet. Geol. Bull.; (United States)

OSTI ID:6737307

Johnson, A H; Boutte, C B

In offshore Louisiana in 1979, 923 wells were drilled, a decrease of 25 from 1978. The overall success rate increased 3.5% from 1978; 40 more wildcat wells drilled, with an increase in success of 3.3% (to 19.3%). Exploratory wells increased from 52 in 1978 to 98. The success rate decreased 1.8% (to 58.2%) with 57 new-pool and outpost discoveries. In Federal OCS Sale 58, held in July 1979, 55 tracts in offshore Louisiana were leased for an average per acre bonus of $3385 on 253,507 acres. In Sale 58A, held in November 1979, 75 tracts in offshore Louisiana were leased for an average per acre bonus of $4831 on 345,711 acres. Geophysical activity increased sharply from 303 crew-weeks reported in 1978 to 583 crew-weeks in 1979.

• Research Organization: Gulf Oil Exploration and Production Co., New Orleans, LA
• OSTI ID: 6737307
• Journal Information: Am. Assoc. Pet. Geol. Bull.; (United States), Vol. 64:9
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
03 NATURAL GAS
LOUISIANA
OFFSHORE DRILLING
NATURAL GAS INDUSTRY
EXPLORATION
PETROLEUM INDUSTRY
COST
EXPLORATORY WELLS
GEOPHYSICAL SURVEYS
LEASES
WELL DRILLING
DRILLING
INDUSTRY
NORTH AMERICA
SOUTHWEST REGION
SURVEYS
USA
WELLS
020200* - Petroleum- Reserves
Geology
& Exploration
030200 - Natural Gas- Reserves
Geology
& Exploration