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The AAPG/Datapages Combined Publications Database

AAPG Bulletin

Abstract


Volume: 64 (1980)

Issue: 9. (September)

First Page: 1445

Last Page: 1454

Title: Developments in Louisiana Gulf Coast Offshore in 1979

Author(s): Arthur H. Johnson, C. Brian Boutte (2)

Abstract:

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 $3,385 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 $4,831 on 345,711 acres.

Geophysical activity increased sharply from 303 crew-weeks reported in 1978 to 583 crew-weeks in 1979.

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