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Tuscaloosa Marine Shale - Development Plans of Key E&P Companies in the Play

GlobalData, Aug 2011, Pages: 5


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Tuscaloosa Marine Shale - Development Plans of Key E&P Companies in the Play

Summary

Tuscaloosa Marine shale (TMS), an emerging shale play, is estimated to have seven billion barrels (bbl) unproven unconventional oil resource. With increasing availability of advanced technologies for horizontal drilling, exploration and production (E&P) companies are hopeful of commercial viability of the TMS play, especially after the successful production from Eagle Ford Shale. Eagle Ford shale play is of the similar age as the TMS and is in close proximity to the TMS. The TMS is considered to be stratigraphic equivalent of the South Texas Eagle Ford shale. Currently, several E&P companies have begun exploratory drilling in the play, while others have adopted a wait and watch strategy for the initial exploration results, which, if successful, would increase the investment attractiveness of this oil shale.

Scope

- Offers market analysis and information on Tuscaloosa Marine shale and its comparison with other major shales on major shale characteristics
- Details of major companies in the Tuscaloosa Marine shale by acreage
- Details of operational activities of the major players in the Tuscaloosa Marine shale play such as Devon Energy, Goodrich Petroleum, Amelia Resources and others

Reasons to buy

- Develop business strategies with the help of specific insights about this lucrative shale play
- Understand trends and activities in the Tuscaloosa Marine shale play
- Understand the market positioning of the major players in this growing shale play in the US



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