WHAT ARE WE PAYING TO FIND OIL, GAS IN MISSISSIPPI, ALABAMA?

Verne L. Culbertson David W. Miller Jackson, Miss. When explorationists look at the oil and gas provinces of Mississippi and Alabama, they must first decide where to commit their risk capital. The cost per barrel of oil (or gas equivalent) was calculated for all hydrocarbons discovered in Mississippi and Alabama during the six year period from 1981 through 1986. There was some concern that selecting a six year period was too short to produce representative data, but the problem with long

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