After several years of testing and seeking profitable production solutions, prospects for companies invested heavily in Mississippi’s and Louisiana’s Tuscaloosa Marine Shale seem promising. The summary provided in this article gives a brief overview of the current outlook.
Drilling results disclosed last week by Goodrich Petroleum expand the list of prolific and successfully executed wells in the TMS.
Goodrich’s comments regarding the play’s consistent matrix productivity are particularly encouraging.
The TMS is steps away from becoming a proven commercial play.
Progress on the execution front continues to be gradual and not without “bumps in the road.”.
However, execution consistency and drilling economics should improve substantially once development phase is reached.