About This Item
- Full TextFull Text(subscription required)
- Pay-Per-View PurchasePay-Per-View
Purchase Options Explain
Share This Item
In 1983 in offshore Louisiana, 1,008 wells were drilled, a decrease of 25 wells from 1982. The overall success rate decreased 2.6% (to 62.5%) from 1982. The success rate for wildcats decreased to 21.2%, with 38 new-field discoveries. The success rate for new-pool and outpost drilling decreased to 47.1%, with 32 discoveries.
At Federal Lease Sale 72 on May 25, 1983, the first area-wide federal lease sale in the Gulf of Mexico, a record $4.58 billion was bid on 656 leases by 80 companies. The total of accepted winning bids on 623 tracts (3,089,872 acres) was $3.37 billion.
Geophysical activity decreased to 1,220 crew-weeks, down 13% from 1982.
Pay-Per-View Purchase Options
The article is available through a document delivery service. Explain these Purchase Options.
|Protected Document: $10|
|Internal PDF Document: $14|
|Open PDF Document: $24|
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].