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re: Tuscaloosa Marine Shale oil well sets record (for TMS) - 1540
Posted on 4/22/15 at 10:54 pm to RGV AG
Posted on 4/22/15 at 10:54 pm to RGV AG
quote:
The well has the longest lateral in the TMS at 9,800 foot. It was fracked with 29 stages.
Good lord. I would hope they could get over 1k bopd with a completion interval that long w those many stages. How much did that well cost?
1
Posted on 4/23/15 at 9:49 am to lsugradman
I don't know the cost but I would guess they'll never make their money back in this price environment.
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