About This Item

Share This Item

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.

Pay-Per-View Purchase Options

The article is available through a document delivery service. Explain these Purchase Options.

Watermarked PDF Document: $14
Open PDF Document: $24

AAPG Member?

Please login with your Member username and password.

Members of AAPG receive access to the full AAPG Bulletin Archives as part of their membership. For more information, contact the AAPG Membership Department at [email protected].