Abstract

948 wells were drilled, an increase of 65 from 1980. The overall success rate increased 0.9% from 1980; 26 more wildcats were drilled, with an increase in success rate of 4.3% (to 23.9%). Exploratory drilling decreased from 97 wells in 1980 to 90 wells in 1981. The success rate increased 5.5% (to 62.2%), with 56 new-pool and outpost discoveries. In Federal OCS Sale A66, 91 tracts, encompassing 441,251 acres, were leased for bonuses totaling $1.527 billion. In Federal OCS Sale 66, 82 tracts, encompassing 393,088 acres, were leased for bonuses totaling $1.242 billion.--Modified journal abstract.

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