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
Tuesday, January 31, 2012
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1 comment:
And that is just the permitting, not the environmental compliance docs, etc. actually NEEDED to get drills in the mud...
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