Mississippi to offer tracts seaward of gulf islands

Mississippi enacted legislation earlier this year that allows oil and gas exploration in state waters.The Mississippi Mineral Resources Institute (MMRI) issued to the state legislature an assessment of the Miocene gas potential for the more than 500,000 acres of state offshore water bottoms (Fig. 1). This report is the first state assessment of hydrocarbon potential for the Mississippi Sound. Click here to enlarge imageThe Miocene resource estimate for the offshore is 350 bcf. No estimates were provided for the onshore Miocene Trend.Deeper petroleum objectives were mentioned as Norphlet and James lime.Five wildcats have been drilled in state waters since 1952 (Fig. 1). Click here to enl...

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