Tuscaloosa Shale
The Tuscaloosa Marine Shale formation of central Louisiana and southwest Mississippi is enjoying renewed interest for oil and gas exploration. Several new wells have been drilled in the past year, hoping to find commercial quantities of crude oil and natural gas. Results are encouraging, though none are spectacular.
Some of the companies involved are Devon, Indigo Minerals, Goodrich, Denbury, Encana, Sanchez and Halcon is now in the game. Hopefully, by the end of 2012 we will have a good idea whether the "play" will be a commercial success.
decanter centrifuge horizontal is close to being the geologic equivalent of the Eagle Ford shale of south Texas. In fact, it could end up being an almost continuous band of oil and gas production from Mexico to south Mississippi. That will be one very long oilfield, if so! The production obtained will need to be near or over 1,000 barrels of oil per day initial production in order to be commercial, because these wells cost over ten million dollars each to drill and complete! They use horizontal drilling and hydraulic fracturing to complete the wells and it is very costly, indeed!,
The hope is that this will be a crude oil find, not natural gas, as gas prices have collapsed at this time. And crude oil is enjoying a bull market. So, oil drilling is more favorable due to a higher profit margin.
We don't yet know where the Tuscaloosa Marine shale will be productive but here are some counties and parishes that have potential: in Louisian... Vernon Parish, Rapides Parish, Avoyelles Parish, St. Landry Parish, Catahoula Parish, St. Helena Parish, Allen Parish, Concordia Parish, West Feliciana Parish, East Feliciana Parish, Tangipahoa Parish, Point Coupee Parish. In Mississippi, Wilkinson County, Amite County, Walthall County, Pike County and Adams County.
Encana, a Canadian company has drilled a few wells and appears to be a leader. Indigo Minerals has drilled a couple. EOG has a leasehold position and could bring expertise due to their Eagle Ford shale experience. And Halcon is new to the play but brings a lot of skilled management personnel, including the CEO, which has taken several companies to great heights of success, to be bought out.
If decanter centrifuge horizontal is a big success, Louisiana will have two great shale plays, the first being the huge Haynesville shale play in northwest Louisiana and East Texas. Here's to success!
Some of the companies involved are Devon, Indigo Minerals, Goodrich, Denbury, Encana, Sanchez and Halcon is now in the game. Hopefully, by the end of 2012 we will have a good idea whether the "play" will be a commercial success.
decanter centrifuge horizontal is close to being the geologic equivalent of the Eagle Ford shale of south Texas. In fact, it could end up being an almost continuous band of oil and gas production from Mexico to south Mississippi. That will be one very long oilfield, if so! The production obtained will need to be near or over 1,000 barrels of oil per day initial production in order to be commercial, because these wells cost over ten million dollars each to drill and complete! They use horizontal drilling and hydraulic fracturing to complete the wells and it is very costly, indeed!,
The hope is that this will be a crude oil find, not natural gas, as gas prices have collapsed at this time. And crude oil is enjoying a bull market. So, oil drilling is more favorable due to a higher profit margin.
We don't yet know where the Tuscaloosa Marine shale will be productive but here are some counties and parishes that have potential: in Louisian... Vernon Parish, Rapides Parish, Avoyelles Parish, St. Landry Parish, Catahoula Parish, St. Helena Parish, Allen Parish, Concordia Parish, West Feliciana Parish, East Feliciana Parish, Tangipahoa Parish, Point Coupee Parish. In Mississippi, Wilkinson County, Amite County, Walthall County, Pike County and Adams County.
Encana, a Canadian company has drilled a few wells and appears to be a leader. Indigo Minerals has drilled a couple. EOG has a leasehold position and could bring expertise due to their Eagle Ford shale experience. And Halcon is new to the play but brings a lot of skilled management personnel, including the CEO, which has taken several companies to great heights of success, to be bought out.
If decanter centrifuge horizontal is a big success, Louisiana will have two great shale plays, the first being the huge Haynesville shale play in northwest Louisiana and East Texas. Here's to success!
