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Message
re: Tuscaloosa Marine Shale oil well sets record (for TMS) - 1540
Posted on 3/1/14 at 9:16 am to RGV AG
Posted on 3/1/14 at 9:16 am to RGV AG
quote:
What is apparently certain is that the oil is there and in big quantities. Hopefully with more companies drilling the "code" will get cracked.
The oil is in the green river formation also. That doesn't mean it is a viable play.
quote:
The Green River Formation contains the largest oil shale deposits in the world. It has been estimated that the oil shale reserves could be equal up to 3 trillion barrels (480 billion cubic metres) of shale oil, up to half of which may be recoverable by shale oil extraction technologies ("cooking" kerogen)
This post was edited on 3/1/14 at 9:23 am
1
Posted on 3/1/14 at 10:53 am to redstick13
Redstick:
I love Oronoco too, a wonderful rum. Have not had any in a long time sadly enough.
Again, and I hope I don't show my complete ignorance here, isn't the Green River shale much more solid than what is found in the TMS and EFS? It is not so much a drilling equation, but also heavy duty chemistry and science right?
For those of us that own property and minerals in the LA/MS TMS area we can only hope that it can become an economical play. In reading about the TMS, and I can't find it for some reason, I remember reading that 3 to 4 of the wells drilled thus far are considered profitable or should be profitable based on cost and the decline curve. Obviously the Crosby, but I think the Anderson Wells and the Horseshoe Hill well as well. Given that there has been some success I would think that with so many companies going in and spending big money on it that they think they can make it viable.
Bur there is a big difference between thinking and doing, I get that. Let's just hope for the best, the area needs it.
I love Oronoco too, a wonderful rum. Have not had any in a long time sadly enough.
Again, and I hope I don't show my complete ignorance here, isn't the Green River shale much more solid than what is found in the TMS and EFS? It is not so much a drilling equation, but also heavy duty chemistry and science right?
For those of us that own property and minerals in the LA/MS TMS area we can only hope that it can become an economical play. In reading about the TMS, and I can't find it for some reason, I remember reading that 3 to 4 of the wells drilled thus far are considered profitable or should be profitable based on cost and the decline curve. Obviously the Crosby, but I think the Anderson Wells and the Horseshoe Hill well as well. Given that there has been some success I would think that with so many companies going in and spending big money on it that they think they can make it viable.
Bur there is a big difference between thinking and doing, I get that. Let's just hope for the best, the area needs it.
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