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- W100482257 abstract "The Gulf of Mexico is making an impressive comeback. While higher gas prices and increased reliance on 3-D seismic have stimulated a dramatic turnaround in rig activity and drilling in the Gulf, major discoveries in deepwater and subsalt trends have revived exploratory interest. Against the backdrop of low oil prices, the significance of the emerging play in relatively shallow water cannot be overstated. Amoco, one of the play's leading participants, has indicated that the subsalt trend could have a resource potential of 1--2 billion bbl oil equivalent (boe). Anadarko has stated that the 21 prospects it controls in the play have an aggregate net unrisked reserve potential of 2.2 billion boe. This article, which is adapted from a longer report first published in April 1994, provides a useful framework for understanding the emerging subsalt play in the Gulf of Mexico and its potential investment implications. Discussed here are the play's geologic background nd the influence of salt movements, the critical role of 3-D seismic in opening up the trend from an exploratory standpoint, status of current and planned drilling activity and production economics." @default.
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- W100482257 date "1994-09-01" @default.
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- W100482257 title "Subsalt success hinges on 3-D seismic application" @default.
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