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

quote:

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Total Prod bbls Time (Days)
BOE 1H 50,861 (856)
Joe Jackson 4-13H 39,001 (2120)
Horseshoe Hill 10H 101,042 (666)
Anderson 17 H #1 135,217 (583)
Anderson 18H #1 158,934 (574)
Ash 31H #1 13,238 (285)
Ash 31H #2 57,678 (281)
Joe Jackson 4H-2 34,137 (437)
Anderson 17H #2 73,502 (194)
Anderson 17H #3 42,057 (184)

Crosby 12-1H #1 138,545 (332)
Smith 5-29H #1 72,008 (190)
CMR-Foster Creek 20-7H 29,487 (117)
Huff 18/7H #1 6,635 (34)

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These are the results of the MS Wells from Goodrich and Encana through January of this year. From the MSOGB files. Obviously some great disparity and as mentioned all things revolve around cost.

From what I read and understand, and I could very well be understanding incorrectly, some of the better wells in the TMS have a decline curve a little better than the Bakken wells and better than the average EFS well. It is obvious that there are more losers thus far than winners, but what does the future hold? Somebody is gambling on it.

Maybe those on this board that work and understand the patch can help us neophytes understand this a little better. Some of the wells have had problems causing shorter laterals and such.