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Offshore drilling for oil and gas on the Atlantic coast of the United States took place from 1947 to the early 1980s. Oil companies drilled five wells in Atlantic Florida state waters and 51 exploratory wells on federal leases on the outer continental shelf of the Atlantic coast. None of the wells were completed as producing wells.
In 1956 Humble Oil drilled an exploratory well in state waters of Pensacola Bay, Santa Rosa County. [26] In 1959 Gulf Oil drilled the first offshore Florida well drilled from an offshore platform, off the Florida Keys. [27] All the wells drilled in state waters were dry holes. The first federal lease sale offshore Florida was in 1959.
A number of states, including California and Florida, have banned leasing of state waters for oil and gas drilling. In 2009 a bill that would have partially rescinded a ban on oil and gas leasing of Florida state waters failed in the Florida statehouse (see Offshore oil and gas in Florida).
Source: Newfield Exploration. Another company that has done a much better job at keeping costs down over the past year is Oasis Petroleum.The company was spending about $10.5 million per well ...
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Clearwater Land & Minerals FLA asked the state in December to conduct exploratory drilling at a well site constructed by Cholla Petroleum of Dallas and abandoned in 2021.
Well drilling is the process of drilling a hole in the ground for the extraction of a natural resource such as ground water, brine, natural gas, or petroleum, for the injection of a fluid from surface to a subsurface reservoir or for subsurface formations evaluation or monitoring.
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