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To: PSYCHO-FREEP
What about the near Gulf in less than 100 feet of water which would include much of the first 60-80 miles of the Gulf of Mexico? What is the potential there?
27 posted on 07/06/2008 8:38:53 AM PDT by rodguy911 (Support The New media, Ticket the Drive-bys, --America-The land of the Free because of the Brave-)
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To: rodguy911

Again, there are limitations to what a given field can produce before you do damage to it. The Gulf Coast has potential because there are areas that are off limits near the Florida Coast. The Louisiana district is much older and has been in a slight decline for a while now but newer methods have helped to raise those levels somewhat.

Even in a proven field, there are pockets that yield more than others. It all boils down to what you find when you drill a well. There is still a great deal of risk involved.


32 posted on 07/06/2008 8:50:03 AM PDT by PSYCHO-FREEP (Juan McCain....The lesser of Three Liberals.")
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