re: Tuscaloosa Marine Shale oil well sets record (for TMS) - 1540

From what little I can tell, and I know next to nothing regarding the oil business, and can only go by what research I can do this play is very young and there are still lots of questions to be answered. The only way to answer those questions is to keep drilling. The cost for the oil companies to lease in the MS/LA areas has been very low as compared to some of the the other shale areas and that is an advantage that could pay off big time in the future for them.

One of the big unknowns at this time is the actual decline curves of the wells. The Crosby well has shown a very decent one as have some of the others, even though they had lateral and other mechanical problems. It appears that there were similar situations like these in the EFS and some other areas as well, so who knows maybe they can work the issues out.

What is apparently certain is that the oil is there and in big quantities. Hopefully with more companies drilling the "code" will get cracked.