Oil and Gas Developments in Atlantic Coastal Plain and Outer Continental Shelf in 1985 and 1986

Abstract

Exploratory drilling in the Atlantic coastal plain region increased in 1981. Eight wells were drilled, 5 of which were completed for a total footage of 71,439 ft (21,780 m). Four of the wells were located in the Baltimore Canyon Trough area and 4 were located in the Georges Bank basin. No exploratory wells were drilled in the Southeast Georgia Embayment or in the onshore portion of this region in 1981. The 5 completed wells were reported as dry holes. Two lease sales were held in 1981: OCS Lease Sale 56 drew bids on 47 tracts for a total of $342,766,174 in the South Atlantic and OCS Lease Sale 59 drew bids on 50 tracts for a total of $321,981,000 in the Mid-Atlantic. Geophysical activity provided a total of 24,470 line-mi (39,380 line-km) of seismic data.