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- W54373670 abstract "The economics of offshore drilling in the Gulf of Mexico is discussed. In deciding whether to continue operations in a specific field, cost, and petroleum prices, and yield must be considered. A great drop in oil production from the Gulf is forecast for 1983-86. The development of a surplus of crude oil is making it difficult for companies to make long-range plans. The extent of activity will be determined by cash flow, increased financial commitment for the Alaska lease sales in 1983, and by technological development. Productivity trends and statistics are given for natural gas as well as petroleum. Also listed are wildcat and development wells drilled in Louisiana and Texas. The number of offshore platforms installed should surpass the total for 1981. A record amount of work has gone into geophysical activity in the Gulf. Statistics on land-leasing activity and an exploration map are included." @default.
- W54373670 created "2016-06-24" @default.
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- W54373670 date "1982-06-20" @default.
- W54373670 modified "2023-09-26" @default.
- W54373670 title "Gulf of Mexico maintains top spot. [Offshore drilling for petroleum deposits]" @default.
- W54373670 hasPublicationYear "1982" @default.
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