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re: Tuscaloosa Marine Shale

Posted on 3/29/12 at 8:58 am to
Posted by TigerDog83
Member since Oct 2005
8274 posts
Posted on 3/29/12 at 8:58 am to
quote:

I did not attend the event and have not heard what was said. Anybody


That's probably a good thing considering the call is April 4. Just like almost all of these public companies go to their website and you should be able to listen and view any accompanying slides.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 3/29/12 at 9:40 am to
Slide on their website from Howard Weil energy conference says they're planning to drill/participate in 10 wells in the TMS in 2012, which is the lowest number of their new venture plays (ohio utica, niobrara, mississipian, etc).
Posted by TigerBite
Dallas
Member since Feb 2004
2535 posts
Posted on 3/29/12 at 9:36 pm to
quote:

Slide on their website from Howard Weil energy conference says they're planning to drill/participate in 10 wells in the TMS in 2012, which is the lowest number of their new venture plays (ohio utica, niobrara, mississipian, etc).


This is telling. There are a lot of companies that are not going to make money in the Utica, Niobrara, Eagle Ford, etc. and all of those plays are scientifically "easier" than the TMS. TMS will have its day, but IMO, it will not be any time soon.
Posted by tigerpawl
Can't get there from here.
Member since Dec 2003
22237 posts
Posted on 3/29/12 at 9:47 pm to
quote:

TMS will have its day, but IMO, it will not be any time soon.
Hoping someone could comment on availability of rigs and how it might affect the short term future of the TMS. I know the Bakken Shale is tying up a fair amount of hardware. Could it be that the O&G peeps are so preoccupied with the Bakken (rigs and $$) that they just can't give the TMS any love right now?
This post was edited on 3/29/12 at 10:08 pm
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 3/29/12 at 11:31 pm to
With bitches dropping rigs 300 miles north in the haynesville and barnett left and right due to gas? Nah, like tiger bite said, its because paydirt is 12-15,000 feet deep and unproven.
Posted by rushing11
Louisiana
Member since Oct 2011
9 posts
Posted on 3/30/12 at 11:01 am to
Anyone have info on current lease terms in the Felicianas and Woodville areas?
Posted by Nodust
Member since Aug 2010
22630 posts
Posted on 3/30/12 at 8:44 pm to
Around $250/acre a year ago. 3 year, can't remember the percentage. I'm sure its gone up lately
Posted by Tiger_Man
Baton Rouge
Member since Jan 2012
191 posts
Posted on 5/10/12 at 9:26 am to
We signed a 4 year, $350 per acre wth 22.5 no cost royalty clause, in Amite County in January 2012. I have heard others getting $375 per acre, since we've signed.
Posted by Pierre
Baton Rouge
Member since Nov 2005
5279 posts
Posted on 5/10/12 at 12:13 pm to
500 per and 25% in northern Avoyelles and parts of rapides.
Posted by rushing11
Louisiana
Member since Oct 2011
9 posts
Posted on 5/10/12 at 1:05 pm to
Any idea which operator is leasing in this area?
Posted by TigerDog83
Member since Oct 2005
8274 posts
Posted on 5/10/12 at 1:24 pm to
quote:

Any idea which operator is leasing in this area?


Probably Halcon. At any rate it has to be somebody who either didn't look at the dismal results from the Indigo horizontal in the area or they are disregarding them.
This post was edited on 5/10/12 at 1:24 pm
Posted by Pierre
Baton Rouge
Member since Nov 2005
5279 posts
Posted on 5/10/12 at 1:31 pm to
Halcon. Some of the lease holders are flipping their leases to Halcon. There may be someone who increased the offer to 525 25% but I don't know who they are and I think that is just for very large tracts.
Posted by fishfighter
RIP
Member since Apr 2008
40026 posts
Posted on 5/11/12 at 5:10 am to
As far as I know, the O&G people had pulled out of Pointe Coupee. Oh well, I could of, should of, but didn't lease. Besides, I'm on disable payments thru one of my insurance companys and they would of deducted any moneys I would of got.
Posted by rushing11
Louisiana
Member since Oct 2011
9 posts
Posted on 5/11/12 at 1:15 pm to
Was the recent leasing in Point Coupee by Anadarko who is targeting the Austin Chalk and not the TMS? If so have they abandoned the play due to poor results? We leased with Anadarko in October 2010 across the river in WF. Just 10 miles north everyone is leased with Devon or Encana, both have formed units in the area. Does the geology change in southern WF and Pointe Coupee so dramatically operators will not target the TMS in this area?
Posted by Nodust
Member since Aug 2010
22630 posts
Posted on 5/14/12 at 1:26 pm to
quote:

Amite County
Have you heard any word on the Anderson wells in Amite Co?

Just curious if they were getting close
Posted by rushing11
Louisiana
Member since Oct 2011
9 posts
Posted on 5/16/12 at 8:49 am to
Posted by Nodust
Member since Aug 2010
22630 posts
Posted on 5/16/12 at 9:45 am to
Thanks rushing

I read the Tuscaloosa Trend Blog but was hoping somewhere there was more discussion.
Posted by Nodust
Member since Aug 2010
22630 posts
Posted on 5/18/12 at 4:47 pm to
Anderson Well 1000 barrels per day

Wonder what the other one will do.
Posted by Beerinthepocket
Dallas
Member since May 2011
851 posts
Posted on 5/20/12 at 6:04 pm to
We heard closer to 1100 bopd, but either way looks like the well was a success.
Posted by Athanatos
Baton Rouge
Member since Sep 2010
8141 posts
Posted on 5/20/12 at 7:49 pm to
Will be interested to see where the 30-day avg comes in.

What is the GOR on the type well?

Also, does anyone know the d&c cost for this well?
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