OIL AND GAS DEVELOPMENTS IN LOUISIANA GULF COAST OFFSHORE IN 1982.

In offshore Louisiana in 1982, 1,033 wells were drilled, an increase of 49 from 1981. The overall success rate decreased 2. 1% from 1981. The success rate for wildcats increased to 26. 7%, with 51 new-field discoveries. The success rate for new-pool and outpost drilling decreased to 55. 6%, with 40 discoveries. In Federal OCS Sale 67, 51 tracts, encompassing 258,040 acres in offshore Louisiana, were leased for bonuses totaling 582 million. In Federal OCS Sale 69, 38 tracts, encompassing 185,546 acres in offshore Louisiana, were leased for bonuses totaling 452 million. Geophysical activity increased to record 1,404 crew-weeks in 1982.