Houston-based Indigo Minerals announced today that it has struck pay dirt in one of the newest stretches of shale oil and gas in Louisiana to start drawing industry attention.
In a statement through its Louisiana subsidiary, Indigo II Louisiana Operating, the company said its first horizontal well in the Louisiana Eagle Ford Shale, also known as the Tuscaloosa Marine Shale, resulted in oil and liquid natural gas finds. The 2.7 million-acre play spans central and southeast Louisiana and a section of southwest Mississippi.
The Indigo well, in Rapides Parish, flowed at a rate of about 543 barrels of oil per day during recent testing. To put that into perspective, the BP oil well that blew out in the Gulf of Mexico last April flowed at rate of 53,000 barrels per day before being capped in July, according to final estimates.