[avacado]

" Not bad for a rookie, John old boy.

If you want to know what's what in the 'awl bidness', you've no further to go than FreeRepublic. Ask FReeper thackney (a real live petro engineer), or Smokin' Joe (hands on in the Bakken formation(s)), or Eric in the Ozarks (long-time trader of lower-end product), to name a few."

I can attempt seismic survey questions: 5 years in the GOM on a seismic ship and another 12 as a software engineer developing seismic processing software for a seismic company here in H-Town.

[SAJ]

Well, you chaps are the key to efficient exploration, not a doubt in the universe.

I just wish some of you would speak up to the likes of that jackass Rahm Emanuel, who's busily whining about oil companies not drilling some large number of leaseholds. Why not? Because there's no effing crude to be found on 90%+ of them, and the 'awl bidness' knows this is so because YOU chaps have looked. Sheesh.

;^)

[saganite]

Good, I’ve got one for you. Two actually. The first is easy and I think I know the answer already but here goes. Has there ever been a survey of our coastal waters outside those areas we currently drill in? Specifically the East coast of the US.

Second, after reading all the hype about all those leases the oil companies hold that they haven’t exploited I wondered how in depth are the surveys the oil companies conduct in the areas they lease beforehand. According to the oil company execs that replied to the criticism some of those leases contain nothing leading me to believe that accurate surveys aren’t conducted until after the lease is purchased.