Kansas Geological Survey, Open-file Report 1999-55
Kansas oil and gas exploration; 10 year history and future strategies
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Two Major Factors Effecting Future Exploration

• Inter-dependence of Three Principal Variables
  • Product Price
  • Drilling Activity
  • New Reserves Discovered
• Historical Trends of Kansas Oil & Gas Reserves
  • Largest & Average Oil & Gas Discoveries
  • Best & Average New Discovery Proven Reserves
  • Oil & Gas Reserve Replacement Rate
  • Number of new producing leases

The Past is the Key to the Future

Kansas Geological Survey, Petroleum Research Section
Updated January 2000
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