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Tuscaloosa Marine Shale (TMS) spans 2.7 million acres across Louisiana and Mississippi and holds an estimated 7 billion barrels of recoverable oil. Goodrich Petroleum Corp., Halcon, Amelia Resources, Sanchez, Indigo Minerals, Comstock, EOG, Devon Resources, Denbury Resources and Encana are all actively investing in this proven emerging play.
However, the cost of drilling a well in Tuscaloosa remains much higher than in other parts of the country due to the formation’s unique geological challenges. Producers must develop optimal strategies to lower drilling costs and maximize efficiencies. Only those who position themselves on the leading edge of new developments in the TMS and identify where the most attractive investment targets exist will significantly maximize their returns.
Infocast’s 2nd Tuscaloosa Marine Shale E&P Summit for June 17-19, 2014 in Houston is the must-attend event to get the latest data on geology, leasing, permitting, drilling activity, best drilling and completion practices and to meet the C-suite representatives from the right companies that are moving the TMS developments forward. Key stakeholders active in the TMS play or interested in exploring and producing in the region are brought together with the investment community, service and transportation providers and community representatives to discuss the vast business and investment opportunities in this oil and NGL rich play.