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re: Tuscaloosa Marine Shale
Posted on 12/11/11 at 8:51 am to bulldog95
Posted on 12/11/11 at 8:51 am to bulldog95
quote:Coffee talk has it that Haynesville speculators didn't really know what they had until 25-30 wells were completed. Then all hell broke loose. It appears that the TMS is approaching that level now. Haynesville-like lease rates are still light years away for TMS mineral owners, but encouraging to see some parallels in the early evolution of the play.
haynesville shale we got $20,000 an acre, 25% royalty before cost, 3 yr lease with 2 yr option after that. This was in southern caddo parish in 2008.
Also nice to see Oil Prices at $100+...
2
Posted on 12/31/11 at 10:20 am to tigerpawl
Have land in N St Tammany, any one heard of anyone looking in this area or if the play is expected to reach this far south and west? Have looked but haven't found anything definite except for this statement.
quote:
According to the LSU report, the marine shale section lies between sands of the upper and lower Tuscaloosa sections and varies in thickness from 500 feet in southwestern Mississippi to more than 800 feet in the southern part of the Florida Parishes, southeastern Louisiana.
Posted on 1/2/12 at 5:20 pm to tigerpawl
It ain't going to 20k again anytime soon. I was leasing in Vernon and Wynn and the most anyone in that area paid was 300/nma. Lots of unproven shite down there, and tons of federal lands, ie Fort Polk, etc.
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