GDP & TMS

Lähde: Goodrich Petroleum

Yhtiöllä oikeuksia alueella 75,000 eekkeriä nettona.

Encanan ensimmäinen TMS-kaivo testauksessa

393 boeta(95% öljyä) näyttäisi olevan ensimmäisen päivän IP, ellei öljy sitten ole frakkaus-nestettä(vesipohjainen näyttää kylläkin olevan).

The Mississippi Oil & Gas Board report shows these results for the Encana Board of Education 1H well:
-Date of 1st production: 6/15/11
-Producing method: flowing
-Date of test: 6/18/11
-Hours tested: 24
-Choke size: 12/64
-Oil produced: 373 bbls
-Gas produced: 119 mcf (flared)
-Water produced: 534 bbls
-Gas/Oil Ratio: 319
-Tubing pressure: n/a
-Casing pressure: 1770 psi

Formation Top - Tuscaloosa Marine Shale: 11815

Frac Job:
-12717-12938: 6 SPF .44" Titan, 292,000# Prop & 10,333 bbls SW
-12433-12643: 6 SPF .44" Titan, 214,000# Prop & 10,793 bbls SW
-12212-12381: 6 SPF .44" Titan, 210,000# Prop & 11,075 bbls SW
-11977-12114: 6 SPF .44" Titan, 144,000# Prop & 6,782 bbls SW

Lähde(lähde blogin kommentitkin kannattaa tarkastaa, jos aihe kiinnostaa).

Tämä näyttäisi olevan ehta juttu tämä TMS.

Lisäys 1.8.2011
Ehta geologian näkökulmasta, mutta kaupallisuus on sitten toinen asia. Sabine Upliftista johtuen TMS on syvemmällä kuin Eagle Ford, joten kaivot ovat kalliimpia. 9-10 miljoonan dollarin hintaisilla kaivoilla pitäisi päästä yli 500,000 tynnyrin EUR:n, jotta tämä olisi kannattavaa.

ECA & TMS, LNG/CNG

Q2 CC-transkripti:

Additionally, we have captured more than 250,000 net acres in the Tuscaloosa marine shale located in Mississippi and Louisiana. We will drill our first horizontal well starting next month. Although unproven today, we see this opportunity as a large unconventional oil- and liquids-rich natural gas resource play.

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Mark Gilman - The Benchmark Company, LLC

Okay. Jeff, it's been suggested by some that the Tuscaloosa marine shale is stratigraphically equivalent to the Eagle Ford. Do you share those views? Or do you see it a little bit differently?

Jeff Wojahn

I've been told by our geologist not to say that the way you had described it because I'm not an expert in the regional geology. But from what I understand, the Eagle Ford is separated by kind of the Sabine platform uplift. And really, although it looks laterally equivalent, it is a different type of play than the Eagle Ford. So hopefully, I didn't offend any geologists by the way I described it.

Mark Gilman - The Benchmark Company, LLC

Could you elaborate what you mean by that, Jeff, in terms of different type of play?

Jeff Wojahn

Well, it's a reservoir that has some silt and sand content in it versus the Eagle Ford, which is a clean shale.

Mark Gilman - The Benchmark Company, LLC

Okay. Could you give us just a little bit of an idea what the acreage costs were for your entry into the Tuscaloosa and the additional Duvernay acreage, which you acquired?

Jeff Wojahn

Sure. I'll start with the Tuscaloosa. This is a play that we entered very early for very low costs. We have a number of options and commitments, so I can't get specific on the range. But it ranges $42,000 to $50,000 area, somewhere between $40 million and $50 million.

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We also entered into an agreement to be the sole supplier of liquefied natural gas to a fleet of 200 LNG, heavy-duty trucks in Louisiana through our mobile LNG fueling station. In addition, we opened 2 compressed natural gas fleet fueling stations in Colorado and British Columbia. The cost advantage and environmental benefits of natural gas create a compelling case for Encana and others to adopt natural gas as a transportation fuel of choice in North America.

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Carrie Tait - National Post

Okay. You mentioned LNG fueling in Louisiana and I think in Colorado. Is this a business that you want to grow, get into?

Randall Eresman

We're not sure if we want to do this for ourselves, but we know we need to show leadership. And we want to make sure that LNG is used in transportation in North America, and we're basically walking the talk.

Carrie Tait - National Post

How do you decide if it's something that you want to do?

Randall Eresman

We will have to look at the competitiveness of the financial model. And it's going to take us a little while before we fully understand that. We know that there are going to be opportunities in and around our areas of operation that will probably make sense for us to be in some portion of that value chain. We're just going to have to figure out over time what that's going to be. In the meantime, we're investing on a variety of these kind of things in the order of $50 million to $100 million a year.

Carrie Tait - National Post

Are they making money?

Randall Eresman

I'm going to turn that over to Eric Marsh.

Eric Marsh

Yes. I think the answer is that the natural gas stations that we have, we actually have 5 operating, and 4 of them actually can -- will make money on a monthly basis. But what really dictates the money that you make is the throughput. So as -- if you're breaking even today and the number of vehicles that you have in that area grow, they begin to become profitable. But yes, that's our plan, is to be profitable on every CNG station that we make.

Randall Eresman

Carrie, the benefit for the users, those that convert their vehicles to natural gas, in the same way where we converted our drilling rigs to natural gas or starting to look at our frac-ing equipment in natural gas, financial benefits to us are huge. It really is just getting more places where people can fill up their vehicles and more opportunities for fleets to convert that is required, and I guess more people aware of what the huge price advantages or cost advantages to moving towards using more natural gas in the transportation sector.

TMS-DVN

Sitaatteja Devonin Q1-CC-skriptistä:

We have continued building these new venture positions and now have roughly 850,000 net acres and a handful of new plays, primarily targeting oil and liquid rich gas.

While we are still actively leasing in several of these plays, we're not ready to discuss them all, we have largely secured our position in one new area that I will tell you about today. The Tuscaloosa Shale is located along Louisiana and Mississippi border. This is a Cretaceous age formation that is stratigraphically equivalent to the Eagle Ford Shale. It is approximately 200 to 400 feet thick, at depths of 11,000 to 14,000 feet across our acreage position. Oil production has been established, up dip in the play from the Tuscaloosa Shale. We plan to utilize horizontal drilling and fracture simulation to enhance the productivity of the reservoir in both the oil and liquids-rich portion of the play. We have leased or have committed under contract approximately 250,000 prospective net acres at an average cost of $180 per acre. We plan to drill our first 2 horizontal wells in the play this year.

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David Hager:
Well, yes, let me just give you a few of the things that we like about the Tuscaloosa Shale. And having said that, this is a frontier place, so I do want to mischaracterize it as something else because -- and frankly, we have been leading the industry by taking our position here. So it is a frontier play. But let me tell you some of the things that we do like about the play that give us reason for encouragement. It is the stratigraphic equivalent to the Eagle Ford Shale. It is deeper than Eagle Ford Shale about 11,000 to 14,000 foot depth, but it is a stratigraphic equivalent to it. There has been oil production established up dip in the Tuscaloosa Shale also. There have been some vertical wells that have been drilled in there that indicates that you're getting for a shale-type play, that has good porosity and permeability. We're also seeing some carbonates in there, which indicate that maybe somewhat brittle and able to be fractured. We've seen IPs on the vertical wells up to 300 barrels per day. They were just about -- just a very small number of horizontal wells have been drilled a couple or 3 years ago, and they were of limited horizontal link on the order of 1,500 to 2,000 foot with only 3 stages. But they tested up to 500 barrels per day from these very limited and minimally frac-ed wells. So all of those give us reasons for encouragement. Now having said that, it's very early on, and we're going to start drilling some horizontal wells, we need to get more data on rock frac-ability. And there are some sands below that are wet, we need to stay away from those. We need to get more information on the phase, oil and natural gas because just aren't that many wells. We know exactly who are on the play, the boundaries between those are. So there are some risks associated with it. I don't want to mislead you. But there are some encouraging qualities to establish a 250,000-acre position for less than $50 million, that's kind of thing we're successful. We can create an awful lot of value.

Scott Hanold - RBC Capital Markets, LLC

Okay. Great, great. And you said, you're going to drill 2 horizontal wells there this year, is that correct?

David Hager

Yes, we're going to have a rig out there here in the second quarter.

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David Tameron - Wells Fargo Securities, LLC

Back to Tuscaloosa, how many vertical wells have been drilled in the area? How much data do you have that you're looking at?

David Hager

It's just a handful of vertical wells. I don't have an exact number of it. And about 3 or so horizontal wells were drilled about 3 years ago I think, 3 or 4.

David Tameron - Wells Fargo Securities, LLC

Okay. And again, you said you're going to start drilling second quarter and then update us late this year, first part next year type of thing?

David Hager

Yes. Just so you know, I mean, the Tuscaloosa Shale, I worked at this play as a geophysicist 25 years ago by the way, not for the shale but there are some sands just beneath there that everybody was drilling for 25 years ago. There's a lot of wells have gone through the Tuscaloosa Shale, but the wells I'm talking about are ones that are actually completed in the Tuscaloosa Shale.

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John Herrlin - Societe Generale Cross Asset Research

Some quick ones for you, Dave. With the Tuscaloosa, have any idea what the completed well costs will run?

David Hager

Well, it's pretty early on here. And obviously, the first well are going to be more science well, as I said, where we're going to do a lot more we're not going to have the efficiencies that we think we'll have in later wells. We think probably, eventually that somewhere around $12 million range is somewhere where we will be looking at drilling and complete.

John Herrlin - Societe Generale Cross Asset Research

Okay. With that formation, do you have sense of what the TOCs are?

David Hager

TOCs run around 3% or 4%

TMS & Devon

Devonilla lupa reijittää.

"Tuscaloosa shale activity"

Oil companies leasing land near EBR, central Louisiana

A handful of companies are leasing hundreds of thousands of acres across portions of the Baton Rouge area and central Louisiana, home to a geological formation that LSU researchers say could produce 7 billion barrels of hard-to-get oil...

Encore 2008 Q1 CC:

Now I want to talk to you about some new areas in play that’s been working on at Encore. We’ve been working on a play called the Tuscaloosa Marine Shale in Southern Mississippi and the Florida parishes in Louisiana. Because we drilled and permitted two wells in the TMS attention has been drawn to the play and we thought it was appropriate to mention the play in the press release and discus it on the call. We’ve leased 208,000 net acres in the TMS and have drilled two wells. We became interested in this play because of three blowouts and numerous high pressure kicks that have occurred while drilling through the Tuscaloosa Marine Shale on the way down to the Tuscaloosa sand. The Marine Shale is a source rock for the Tuscaloosa sand. So we started looking closer and we discovered a silt stone in the shale that we believe would have enough integrity to drill a horizontal well into it.

It looks like we were correct. We’ve cored the wells and see vertical fractures in the core and we know that we can drill horizontals in this. This is an early phase resource play. The first well is a horizontal well that we were able to drill out about 1,650 feet with a horizontal lateral. We were originally hoping to get out about 4,500 feet but because of drilling problems we could only get out 1,650. That well is on pump and it’s making between 150 and 200 barrels a day. The second well we drilled we were able to get out 3,100 feet. We have just recently fracked that well and are waiting on production results but this is a huge resource and we’re excited about making oil out of our first completion. What we know about the TMS now is we can drill horizontal lateral, we can produce oil and we think as we link the laterals we ought to see the wells improve. We have a lot of work in front of us. We need to drop the drilling costs, extend the laterals and optimize our stimulation techniques to make the wells better and better but when we figure this out we’ll have a lot of running room. We know the oil is there, we just need to figure out the best way to get it out.

Encoren presentaatio aiheesta

An Unproven Unconventional Seven Billion Barrel Oil
Resource - the Tuscaloosa Marine Shale

The Tuscaloosa Marine Shale- Play History



Encore on nykyisin osa Denburya. Muistaakseni oli melkoinen hypettäjä ja alisuoriutuja itsenäisenä yhtiönä.

18.02.2011 Lisäys

Tämä vaikuttaa todella lupaavalta. Resurssi ei laajuudeltaan ilmeisesti ole lähellekkään samassa luokassa Bakkenin tai Eagle Fordin kanssa, mutta vaikuttaa vähintään yhtä tuottoisalta yksittäisen kaivon tasolla. Tietoja itselläni muodostelman yksityiskohdista on kyllä tässä vaiheessa todella vähän.
Denbury on myynyt osan Encore omistuksista, mutta TMS-projektin maat ovat ilmeisesti ainakin osin yhtiön hallussa. DNR on tosin markkina-arvoltaan ja tuotannoltaan niin suuri että tämä ei lyhyellä aikavälillä paljon pystyisi heiluttamaan sen kurssia tai arvoa. Yksi pienen pieni ja hyvin hämärältä vaikuttava yhtiö löytyi, jolla on vähän oikeuksia aivan resurssin ytimessä. En tosin tiedä kattavatko oikeudet TMS-vyöhykkeen.

II
Löytyi toinen pienehkö yhtiö, joka on huomattavasti vähemmän hämärämpi.

III

Apachen Q4 CC:stä kommentti, joka saattaa viitata TMS:ään:

We have also created a new region to focus on our Gulf Coast onshore assets where we control over 700,000 acres, including almost 300,000 acres in South Louisiana where we own the minerals. We believe the opportunities for growth onshore warrant having a dedicated organization and based on our recent experience in the Permian, since it was created as a focus region, we expect great things from our Gulf Coast onshore team.