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

Posted on 3/26/14 at 5:56 am to
Posted by redstick13
Lower Saxony
Member since Feb 2007
39061 posts
Posted on 3/26/14 at 5:56 am to
quote:

The TMS doesn't have to be as good as the Bakken. Just good enough to profitable.



But they aren't profitable. The other thing with the Bakken is it's a no miss proposition. You are going to hit on every well, it's just a matter of how much.

TMS has a higher failure rate than success at the moment.
Posted by FelicianaTigerfan
Comanche County
Member since Aug 2009
26059 posts
Posted on 3/26/14 at 7:36 am to
quote:

at the moment.
Hopefully experience will have their success rate improving
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