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Tuscaloosa Marine Shale

Posted on 8/10/08 at 3:48 pm
Posted by Gerberlee
Member since Aug 2008
5 posts
Posted on 8/10/08 at 3:48 pm
What are recent land leases going for in the Tuscaloosa Marine Shale region of Louisiana and Mississippi? Any information about leases, new wells, oil companies working in the area, and recent activity relating to these matters are appreciated.
Posted by tigerpawl
Can't get there from here.
Member since Dec 2003
22237 posts
Posted on 8/10/08 at 5:34 pm to
Posted by Gerberlee
Member since Aug 2008
5 posts
Posted on 8/10/08 at 11:48 pm to
Thanks "tigerpawl." The links are very helpful.
Posted by washparishgirl
Member since Aug 2008
2 posts
Posted on 8/29/08 at 8:41 pm to
West Washington Parish:
150/acre
5 year lease
3/16 royalty
-- no deal -
Posted by TigerDog83
Member since Oct 2005
8274 posts
Posted on 8/29/08 at 9:16 pm to
I can't believe anybody would pay $150 per acre considering that no wells close to being economically successful have been drilled yet and there has been almost no production in the area.
Posted by washparishgirl
Member since Aug 2008
2 posts
Posted on 8/29/08 at 11:37 pm to
Samson may be in the area.
Posted by Simba
Atlanta
Member since Jun 2008
12 posts
Posted on 8/29/08 at 11:44 pm to
150.00 here also, 3yr,3/16ths. TD- we'll know what it's worth when the completion rig gets off the Weyerhouser well-It's got a full 4200 ft lateral, the longest yet.
Posted by Gerberlee
Member since Aug 2008
5 posts
Posted on 9/6/08 at 11:37 am to
Quote from The Independent Weekly:

Just as word of the Haynesville Shale began to break, another Louisiana shale play began bubbling up — this one believed to hold an estimated 48 to 60 billion barrels of oil. The Tuscaloosa Marine Shale is a prospective area covering 3.6 million acres in Louisiana’s Florida parishes and parts of southwest Mississippi. In announcing its first quarter 2008 results on May 7, Encore Acquisition Co. of Fort Worth, Texas, disclosed that it has drilled two horizontal wells in the TMS and has amassed 208,000 net acres. Encore is believed to be one of the biggest players in the TMS, where it, too, has been quietly working for the past two years. A 1995 Louisiana State University study estimated TMS’ reserves at 7 billion barrels of oil, but ongoing advancements in horizontal drilling technology increase these plays’ chances of success. Encore’s first well was drilled out about 1,500 feet and has been producing continually since the start of May at a rate of 150 to 200 barrels per day. The second horizontal well was drilled out about 3,100 feet, and the company is awaiting production results.
Posted by Gerberlee
Member since Aug 2008
5 posts
Posted on 10/13/08 at 2:31 pm to
What happened to the big oil boom regarding the Tuscaloosa Marine Shale? I have land in St. Helena parish, but it's difficult getting news in Atlanta, GA. regarding the progress or the lack there of by Encore and other oil companies in the area.
Posted by Proejo
Dallas
Member since Oct 2007
5889 posts
Posted on 10/13/08 at 8:33 pm to
The going rate (before recent economic events) was between $16,000 - $24,000 an acre and 25% royalties in the Barnett Shale for those areas that got organized.
Posted by Bussemer
Heading South
Member since Dec 2007
2519 posts
Posted on 10/14/08 at 9:49 am to
Just a tad more production in the Barnett than the TMS...
Posted by PBeard
DC
Member since Oct 2007
5900 posts
Posted on 6/14/11 at 9:28 am to
Anyone being approached lately?
Posted by TigerV
Member since Feb 2007
2505 posts
Posted on 6/14/11 at 12:31 pm to
quote:

Barnett Shale


proven producer vs a shale that while no one doubts it has hydrocarbons, there has not been a company too date that has been able to get commercial production.
This post was edited on 6/14/11 at 12:32 pm
Posted by Clyde Tipton
Planet Earth
Member since Dec 2007
38725 posts
Posted on 6/14/11 at 1:09 pm to
quote:


Anyone being approached lately?


I just bumped the other thread. Some landowners have started receiving lease offers in Vernon Parish, but I'm not exactly sure which play they are after.
Posted by TigerDog83
Member since Oct 2005
8274 posts
Posted on 6/14/11 at 1:50 pm to
quote:

I just bumped the other thread. Some landowners have started receiving lease offers in Vernon Parish, but I'm not exactly sure which play they are after.


It probably depends on where in Vernon Parish. Indigo is somewhat actively looking at the TMS equivalent in the northern portions of the parish towards Rapides. Further downdip Anadarko is actively drilling some Austin Chalk wells. They just completed two in Burr Ferry coming across the line from Texas earlier this year. There are also some old Wilcox wells in portions of Vernon so smaller operators could be targeting those zones.
Posted by Clyde Tipton
Planet Earth
Member since Dec 2007
38725 posts
Posted on 6/14/11 at 2:15 pm to
quote:

Anadarko is actively drilling some Austin Chalk wells. They just completed two in Burr Ferry


This is close to me (West of Leesville off Hwy 8), but I also understand there is some activity around Simpson.

The Simpson/Slagle area is who have been getting letters. I knew about Anadarko in the Austin Chalk around Evans and Burr Ferry, but I have not been contacted.
Posted by PBeard
DC
Member since Oct 2007
5900 posts
Posted on 6/15/11 at 9:16 am to
That's interesting. The Florida parishes and Vernon Parish is all I've heard as well. Great link to that blog
Posted by TigerDog83
Member since Oct 2005
8274 posts
Posted on 6/15/11 at 10:22 am to
quote:

That's interesting. The Florida parishes and Vernon Parish is all I've heard as well. Great link to that blog


The Florida parishes and Amite county area of Mississippi is where the bottom section of the zone exhibits high resistivity. The work from Indigo will go a long way to determine if the areas with low resistivity are mineralogy and are still a viable target. Economics are going to be pretty tough on this play, especially in the deeper areas. Devon and Encana are both top rate energy companies and if they cannot make successful wells the play might have too many issues with mineralogy to be viable. Some projections I have seen show Devon needing a well to average 1,000 barrels a day or more for the first month to represent acceptable rate of returns. It will be interesting to watch the upcoming wells and see what kinds of completion attempts are made.
Posted by PBeard
DC
Member since Oct 2007
5900 posts
Posted on 6/15/11 at 10:32 am to
quote:

mineralogy


Are you referring to the resistivity?
Posted by TigerDog83
Member since Oct 2005
8274 posts
Posted on 6/15/11 at 10:42 am to
It used to be commonly accepted that low resistivity always meant zones were wet or water productive. With higher prices and tight gas drilling some bound water was acceptable and can be handled economically. Lots of zones bypassed that exhibited low resistivity have recently become viable targets for production with better completion technology and the realization that clay content and other variable can be the cause of the low resistivity profile on electric logs. Some of the Travis Peak/Hosston sands in East Texas / North Louisiana are an example. Indigo is working the TMS in an area where logs exhibit resitivity as low as 2-3 ohms versus probably closer to 5-10+ in some wells in the florida parishes. It will take some more drilling work and production to determine exactly why the log response is different where Indigo is active versus where Devon and Encana are. I have heard that one issue with this play is it isn't brittle like the Barnett and Haynesville. Encore's last well came on at 300+ BOPD from only 3 frac stages, but declined rapidly due to what many speculated was the quick closing of the fractures. If this is due to the actual mineral composition of the rock and cannot be solved with completion fluids or completion design then the play might not be viable.
This post was edited on 6/15/11 at 10:50 am
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