Friday, April 20, 2012

Activity Shifting to the Tuscaloosa

There has been much activity surrounding the Tuscaloosa Marine Shale over the past year and Upstream Online has a good article discussing it, including speculation surrounding an imminent TMS joint venture between EOG Resources and Mitsubishi.  EOG its interests in around 120,000 net acres in the western portion of the play through a farm-in agreement with Denburry Resources. There is also some discussion about Shell's interest in establishing a foothold in the TMS to shift some of its remaining Haynesville Shale resources to the oily play. It's a quick read.

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