Tuesday, January 31, 2012

Drilling in the GOM

The bar chart below shows the history of well permitting and drilling in the GOM. As you can see, permitting is picking p but has a while to go before it builds a backlog of work that would indicate a healthy industry.

Source: Offshore Magazine

1 comment:

Old NFO said...

And that is just the permitting, not the environmental compliance docs, etc. actually NEEDED to get drills in the mud...