West Feliciana Oil and Gas | TigerDroppings.com

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highlandtiger
LSU Fan
BATON ROUGE
Member since Jul 2008
4 posts

West Feliciana Oil and Gas



Please coomment on the potiential of Oil and Gas in West Feliciana.
1. Are they leasing
2. Is it shale oil.
3. I am on the eastern side of parish near Miss state Line

Thanks,

Go Tigers







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TROLA
LSU Fan
BATON ROUGE
Member since Apr 2004
6580 posts

re: West Feliciana Oil and Gas


Start diggging, I'm sure you will find something!!





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highlandtiger
LSU Fan
BATON ROUGE
Member since Jul 2008
4 posts

re: West Feliciana Oil and Gas


I felt like my question had some merit.
Why would you be so sarcastic in this manner.
Oh Well, it takes all kind of people to make up a world.






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Cash
SMU Fan
Vail
Member since Feb 2005
33627 posts

re: West Feliciana Oil and Gas


What is the background of the question? Any recent discoveries?





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beauthelab
Utah State Fan
Team Boxtard
Member since Feb 2008
4483 posts

re: West Feliciana Oil and Gas


quote:

Please coomment on the potiential of Oil and Gas in West Feliciana.
1. Are they leasing
2. Is it shale oil.
3. I am on the eastern side of parish near Miss state Line


Follow this LINK to a website about something called the Tuscaloosa Marine Shale. Informative, but remember he is selling his services. Or simply Google "Tuscaloosa Marine Shale" for a number of links. Check out the links on the TMS website, too.

Remember that this is NOT the same as the Haynesville Shale in NW Louisiana that is getting so much attention (including on this board). Right now there doesn't seem to be much interest in the TMS, but things can change overnight. The Haynesville Shale did.

Keep the faith. It may yet happen.






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TROLA
LSU Fan
BATON ROUGE
Member since Apr 2004
6580 posts

re: West Feliciana Oil and Gas


The sacarsm is in direct relation to the vague nature of your question. The only oil and gas discussion on this board is about a play in northwest louisiana, so my answer was an attempt to rattle you for more info. Have you heard of any plays in the area? If not what gives you the hunch that there is? Why does the question (location) have merit when it's as arbitrary as any other, unless you already know the answer








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TigerDog83
LSU Fan
Member since Oct 2005
4226 posts

re: West Feliciana Oil and Gas


Encore has said in press releases that their first Tuscaloosa Marine Shale wells cost 10 million dollars to drill and complete. Their first LA well IP'd at 74 BOPD. Those economics aren't even close to working for anybody. It could take a long time to prove this play can work. Last I heard lease prices were $25-$50 per acre and until someone can make this play work they probably will not increase much.





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Simba
LSU Fan
Atlanta
Member since Jun 2008
12 posts

re: West Feliciana Oil and Gas


Encore will have a 2nd qtr presentation on Aug 7th at 9:30,presumably a live feed.Probably just the same old stuff.Since they are the main player now in the TMS I thought you might be interested.


This post was edited on 8/1 at 2:00 pm


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Simba
LSU Fan
Atlanta
Member since Jun 2008
12 posts

re: West Feliciana Oil and Gas


TD83-

I am wondering what your take is on the difficulties of producing the TMS.How does the porosity,fracturing,composition differ from Bakken shale.Is there one particular difficulty that comes to mind?






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highlandtiger
LSU Fan
BATON ROUGE
Member since Jul 2008
4 posts

re: West Feliciana Oil and Gas


I just had a guy from Mississippi offer 100 for three years and 3/16 royalty see,s low to me





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Simba
LSU Fan
Atlanta
Member since Jun 2008
12 posts

re: West Feliciana Oil and Gas


Compared to Haynesville shale everything else is gonna look low and slow especially Tuscaloosa Marine Shale.The main proponent for the TMS is a landman named Dan Collins out of Baton Rouge.

He says that a speculative play like the TMS shoud get at least the price of a barrel of oil per acre and 20% royalty ( 25% if production rates start lookin up)at this point in time.

I signed last year for that amount on a three year lease and I'd be happy if they would just start drilling.The proposal got yanked off the Mississippi docket when the first well came in at 10 milion dollars (so I hear) and some of those would be partners started backing out(which did'nt make sense but so I hear)Compared to the Haynesville play the TMS is going like turtles running uphill through peanut butter(Crunchy)with a pack on their back.

I live and die by the tiny fragments of news coming out of this play and it really sucks.Just too exhausting,gonna get on with my life and quit thinkin about it. Still I must ask, who offered you the lease if you don't mind? I signed with Encore.

These are odd dynamics for a lay person. One day your grateful to see a 45.00 check come in for three months on an old well spudded back in 1985 then you find yourself having to make lease decisions for the next huge oil boom(yepper).I find it quite tiresome just to be pulled into the hype and circumstance but then feel compelled to follow it all through to fruition.

I've got an internet education on it and a realistic urge to forget about it.I'm tryin real hard to go with the latter.







This post was edited on 8/4 at 9:52 pm


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ElmGrove
Member since Jul 2008
55 posts

re: West Feliciana Oil and Gas


HighlandTiger:

Yes



This post was edited on 11/1 at 9:29 am


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