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

Don't have the AFEs in front of me but one was not extravagant and came in under budget. I was told it will be pure profit in a matter of months.

The second was a real mess. Casing failures, multiple sidetracks, etc etc. They eventually T&A and came back and set a whipstock in the 9 5/8. We were very near the technical limits on being able to drill the well. I was actually the lead out on the rig for the final sidetrack. We pulled it off without a hitch and the production was much, much higher than they expected. So even with all the over budget issues they were telling me the well will pay itself off in under a year.

I'm now planning an HTHP project for this same client and it is massively complex. So many things that can go wrong on these things.