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re: Tuscaloosa Marine Shale
Posted on 1/2/12 at 5:20 pm to tigerpawl
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.
1
Posted on 1/3/12 at 8:09 am to TH03
quote:But.... I think in the early days of the Haynesville, you saw similar circumstances to what's going on now with the TMS. They all have to start somewhere. I don't think those Haynesville boys wrote $20,000/acre checks on day 1. I also mentioned before that it has been said that in the Haynesville, they really didn't know what they had until they hit the 25-30 well mark. Then all hell broke loose. My guess is the TMS should be at that level in the Tangy/Feliciana/Avoyelles/Point Coupee area sometime this year.
It ain't going to 20k again anytime soon.
This post was edited on 1/3/12 at 8:21 am
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