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Friday, September 24, 2021

Tuscaloosa Marine Shale Back In The News -- September 24, 2021

The Tuscaloosa Marine Shale play is tracked here

RBN Energy has update today

Most recently, August 5, 2021, there was a discussion regarding CLR and the TMS play. 

A reader alerted me to this wildcatter (?). New TMS activity;

Petition of State Line Exploration, LLC, requesting the Board to integrate, with alternate risk charges, all interests in 2,160.5-acre oil unit, situated in in Sections 7, 9, 10, 11, 22, 23 and 24, Township 1 North, Range 2 East, to horizontally drill the Reese 11 No. 1H Well to a depth of 12,500’ to test the Tuscaloosa Marine Shale Formation at a regular bottomhole location, with authority to drill multiple horizontal wellbores.  Alternately, Petitioner requests the Board to integrate all interests in said unit without alternate risk chares.

Information suggest the approximate vertical depth will be 12,500 feet with an estimated measured depth of 19,000 feet. Very similar to Bakken depths. A 2,160.5 acre drilling unit would be a four-section line unit (overlapping unit) in the Bakken.

Cost: again, around the same costs as Bakken wells early in the Bakken boom, less than $10 million but more than $7 million.

I may have my geography wrong, but the original (recent) note on the TMS was centered on tracts west of Baton Rouge and directly east of the Texas - Louisiana state line. 

On the other hand, this newest wrinkle, the Reese 11-1H is near Amite City, Tangipahoa Parish, is well northeast of Baton Rouge and northwest of New Orleans. 

By the way, on another note, the name of this LLC is interesting: "State Line Exploration, LLC." Obviously the "state line" is the Texas - Louisiana state line.

If nothing else, I'm starting to learn the geography and parishes of Louisiana. 

1 comment:

  1. The location of the Reese 11-1H is approximately 40 miles NW of location on map. It is located E NE of Centreville, MS , Amite County

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