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The AAPG/Datapages Combined Publications Database
Houston Geological Society Bulletin
Abstract
Abstract: Exploration Trends in the TX, LA Gulf Coast—
A 50,000 foot View
By
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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