TMS related news. 

 

http://www.investingdaily.com/tes/18938/emerging-shale-oil-plays.html

 

Post any articles or information you believe to be relative to the TMS.

Tags: TMS, headlines, news

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The Math Behind the 100-Year, Natural Gas Supply Deb

http://finance.yahoo.com/news/math-behind-100-natural-gas-143855521...

http://www.mysanantonio.com/news/local_news/article/Shale-play-buil... 

 

 

This is not exactly TMS and not exactly new, but it's a view of what happened with current players in similar situations in the past.

First TMS oil well in Avoyelles receives permit
9 hrs ago | 244 views | 0 0 comments | 7 7 recommendations | email to a friend | print
The first permit for a Tuscaloosa Marine Shale oil well in Avoyelles was issued Monday by the Louisiana Department of Natural Resources.

The well, known as the Dupuy Land Company No. 1 well, was granted a permit June 18 for drilling with a total length of 11,900 feet. The permit listed at the DNR website did not have a horizontal depth but the permit can be amended later for horizontal drilling, presumably after the vertical leg of the drilling gives indications of oil vein fractures as it descends.

The well is named after the largest land owner in the unit, Dupuy Land Company which was begun in the 1930s by the late Marc Dupuy, Sr. and now is in the hands of his descendants.

The geographic unit the well will be drilled in is about 920 acres in a rectangular shape. The north end of the unit is bordered approximately by the Brouillette Highway, at the intersection of Clarence Rymes Road in the Brouillette Community, Section 29 Township 03N Range 05E. northeast of Marksville. The tower of the drilling rig should be visible soon about one mile from the highway. Drilling is expected to begin about July 1.

The well is a test well by EOG of Texas who have leased much acreage in Avoyelles to attempt to recover the known oil reserves which are trapped in shale rock deep below Central Louisiana. Currently EOG is rebuilding the Ryhmes road leading to the well site.

A second well by EOG is in the permitting process for the Hamburg area.

If either of these wells are successful, more drilling can be expected in Avoyelles.


Read more: AvoyellesToday.com - First TMS oil well in Avoyelles receives permit

Some might say:  "Hook 'em, Horns."

And even us Mike the Tiger alums are rooting for our Texan friends to pump some oily tea.

Encana plans to drill a total of 12 wells in the play in 2012

 

I liked this part of the article.

Yep, onesock.  That's kinda telling, is it not?

Wall Street Journal article today notes the fundamental shift in domestic oil production and shows the TMS as a prospective play on the chart:

http://online.wsj.com/article/SB10001424052702304441404577480952719...

Lease Sale and Tract History

Lease Sale Date: 07/11/2012

TRACT KIND ADV TRACT NUM PARISH, TOWNSHIP& RANGE, AREA& BLOCK TRACT ACREAGE LEASE NUM BIDDER NAME BID ACREAGE LEASED ACRES BONUS LEASED PRICE PER ACRE RENTAL OIL ROYALTY GAS ROYALTY BID NO NOTES
2 - INLAND 42752 BOSSIER, CADDO 15, 16, 17, 18, 19, 20, 21, 22, 27, 28, 29, 30, 8 T23N R14W 216.000 20977 JB LAND SERVICES, L.L.C. 216.000 216.000 $32,616.00 $151.00 $16,308.00 0.2250000 0.2250000 3
42752 BOSSIER, CADDO 15, 16, 17, 18, 19, 20, 21, 22, 27, 28, 29, 30, 8 T23N R14W 216.000 JB LAND SERVICES, L.L.C. 216.000 $44,280.00 $205.00 $22,140.00 0.2000000 0.2000000 1
42752 BOSSIER, CADDO 15, 16, 17, 18, 19, 20, 21, 22, 27, 28, 29, 30, 8 T23N R14W 216.000 JB LAND SERVICES, L.L.C. 216.000 $65,016.00 $301.00 $32,508.00 0.1250000 0.1250000 2
42753 AVOYELLES, CATAHOULA 19, 20, 21, 28, 29, 30, 31, 32, 33, 4, 5, 6 T02N, T03N R05E 80.000 20978 EOG RESOURCES, INC. 80.000 80.000 $40,000.00 $500.00 $20,000.00 0.2500000 0.2500000 1
42754 AVOYELLES 10, 11, 12, 13, 14, 15, 22, 23, 24, 25, 26, 27 T01N R05E 20.000 20979 EOG RESOURCES, INC. 20.000 20.000 $10,000.00 $500.00 $5,000.00 0.2500000 0.2500000 1

There was also some land in west baton rouge parish i think 640 acres at $255 per acre

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