North Atlantic Coast
About 30 wells explored the Baltimore Canyon Trough, about 100 miles (160 km) off the coast of New Jersey, Maryland, and Virginia. In one area, five wells tested significant flows of gas from Jurassic rocks, at rates as high as 18.9 million cubic feet per day. A 3-dimensional seismic survey was made over the area, but, in part due to falling gas prices in the 1980s, the lessee oil companies concluded that the tracts were uneconomic. The last leases were relinquished in 1984.
From 1976 though 1982, oil companies drilled ten exploratory wells in the US portion of the Georges Bank Basin, about 120 miles (190 km) off the coast of Massachusetts. The deepest well had a total depth of 21,874 feet (6,667 m). None was successful.
Read more about this topic: Offshore Drilling On The US Atlantic Coast
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