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The AAPG/Datapages Combined Publications Database

Houston Geological Society Bulletin

Abstract


Houston Geological Society Bulletin, Volume 49, No. 8, April 2007. Pages 23-23.

Abstract: Exploration Trends in the TX, LA Gulf Coast— A 50,000 foot View

By

Mark Nibbelink

In an era of high wellhead prices it’s no wonder that the development of in-field acreage is the quickest way to increased cash flow. It’s also a good incentive for taking on more exploration and production risk. But how aggressively is our industry looking for new reserves? And how well is our community of Gulf Coast explorationists defining and meeting the challenge of adding meaningful new reserves?

We’ll take a look at drilling and leasing trends and examine both the character and pace of new reserve additions,with an emphasis on defining the kinds of companies that are providing leadership.

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Copyright © 2007 by Houston Geological Society. All rights reserved.