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The AAPG/Datapages Combined Publications Database

AAPG Bulletin


Volume: 62 (1978)

Issue: 8. (August)

First Page: 1519

Last Page: 1533

Title: Developments in Louisiana Gulf Coast Offshore in 1977

Author(s): J. M. Henton (2)


The Louisiana Gulf Coast offshore area includes regions of the outer continental shelf extending to a water depth of 6,500 ft (2,000 m).

There were 987 wells drilled in the district during 1977, an increase of 9% from 1976. The success rate decreased 5.5% to 66.5%. More wildcat wells were drilled in 1977, but the number of discoveries was the same--28. The success rate for 1977 was 19.7%. New-pool and outpost drilling resulted in 57 discoveries--5 oil and 52 gas.

In Federal OCS lease sale 47, held in June 1977, 97 tracts were leased, for an average per acre bonus of $1,810 on 455,000 acres.

Geophysical activity increased slightly. Oil production continued the decline of recent years, whereas gas production increased.

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