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Tuscaloosa Marine Shale Oil Big for Avoyelles Parish Landowners Hoping to Get Rich

by Kenneth E. DuBose on July 15, 2011

The Tuscaloosa Marine Shale is attracting oil & gas investment to Central Louisiana and Mississippi. We’re experiencing the initially leasing phase across the play and we won’t really know the value of Tuscaloosa Marine Shale acreage until several wells have been drilled. Either way, keep your eyes open for wells results and the companies that are aggregating acreage. There are companies beginning to drill test wells, so we should know more sooner than later.

A few successful wells could trigger an oil boom like Louisiana is experiencing in the Haynesville Shale.

“Many people are hoping the next big oil rush will happen in Central Louisiana.
Researchers said seven billion barrels of oil is in the Tuscaloosa Marine Shale, which stretches from Texas to Mississippi.”"Many residents in the Avoyelles Parish town of Marksville have been approached by companies who are interested in leasing their land.”

“Companies first started tried to tap into the the oil in Tuscalossa Marine Shale in the 1970s, but were unsuccessful.”

“A new technique called ‘fracking’ and horizontal drilling is being used this time around. Many are hoping it’s the key to unlocking the oil that was out of reach before.”

Read the full news release at Originally published at katc.com

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