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re: Tuscaloosa Marine Shale oil well sets record (for TMS) - 1540
Posted on 3/5/14 at 4:05 pm to FelicianaTigerfan
Posted on 3/5/14 at 4:05 pm to FelicianaTigerfan
Thanks. They lease some land from my family in Pointe Coupee. Royalties have been down to a few hundred a month for the last 5-10 years, wondering if they plan on ramping anything existing up. People who know the area and business have said to be patient(not that there is another alternative) for new developments.
2
Posted on 3/5/14 at 4:12 pm to BigAppleTiger
From what Ive read is they are on the fringe and will be drilling deeper.
As far as PCP, Im not real sure if it will ever get any attention as far as the TMS. Things will have to be above and beyond what they hope for in the core area for them to explore there.
As far as PCP, Im not real sure if it will ever get any attention as far as the TMS. Things will have to be above and beyond what they hope for in the core area for them to explore there.
Posted on 3/5/14 at 4:34 pm to BigAppleTiger
I posted this in a thread a few weeks ago. Some of you may have seen it already. Since 2007, there have been 21 TMS wells drilled in Louisiana, 19 of which were productive. The average initial rates reported to the DNR are +/- 250 BOPD, much less than initially suspected. There are currently 3 more permitted.
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