Louisiana, Mississippi marine shale oil play grows

08/01/2011
Alan Petzet Chief Editor-Exploration Several operators have amassed large land positions in Louisiana and are preparing to target oil in the Cretaceous Tuscaloosa marine shale (TMS), stratigraphic equivalent of the South Texas Eagle Ford shale. The operators will also get to look at the slightly shallower Austin chalk just above the TMS. Several wells were nearing objectives in July 2011. Indigo II Louisiana Operating LLC, Houston, formed in 2006, has accumulated more than 240,000 net acres of leasehold and mineral fee land in south-central Louisiana that it believes prospective in the TMS, a position nearly equal to that of Devon Energy Corp., which holds 250,000 acres. Indigo, formed i...
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