Tuscaloosa Marine Shale Information
Many people are asking about the Tuscaloosa Marine Shale (I provided basic background on this shale formation in my July 4 post, including a map showing where the shale is located, and a link to a report in which geologists estimate that the Tuscaloosa Marine Shale, or TSM, contains about 7 billion barrels of oil). A few of the questions being asked are -- When will we know the real potential of this shale play? Which companies are players in the TSM? Are wells being drilled yet, and if so, where?
When will we know the real potential of this shale play?
We already know that the amount of oil contained in the Tuscaloosa Marine Shale is huge. Each shale play is different, but if operators can make the combination of horizontal drilling and hydraulic fracturing work as well in the Tuscaloosa Marine Shale as those techniques have worked in some other shale plays, the TSM will be a bonanza. We should know more soon because companies already have started drilling in the TSM. Of course, in some of the shale plays, it has taken operators some time to refine their techniques, but the results from the first few wells should provide some clues to the TSM's potential.
What companies are players in the TSM and where are wells being drilled?
One of the companies that already started drilling is Devon Energy. It has started two wells in East Feliciana Parish -- the Lane 64 Well, which has Louisiana Office of Conservation serial number 243108, and the Beech Grove Land Company No. 68 Well, which has serial number 243337. Using the wells' serial numbers, readers can follow the progress of the wells on the Louisiana Department of Natural Resources' SONRIS database.
Another company that is active in the TSM is Indigo II Louisiana Operating. It has started drilling the Bentley Lumber 32 Well (serial no. 242407). Also, Indigo has obtained a permit for the Bentley Lumber 23 Well (serial no. 243237) in Rapides Parish.
EnCana Oil & Gas (USA) Inc. has obtained a permit to drill the Weyerhaeuser 73 Well (serial no. 243414) in St. Helena Parish, and is been reported to be planning to reenter a well in Amite County in Mississippi for purposes of targeting the Tuscaloosa Marine Shale.
In addition, Denbury Resources has accumulated lease acreage in the TSM.
Those who are interested in the Tuscaloosa Marine Shale should also check out the website of Amelia Resources (a company that is marketing investments in mineral acreage it has obtained). It has a page where the company has posted some additional background information. In addition, one of the company's principals has a blog that discusses the TSM.