Companies exploring new oil resource in SW Mississippi
Published: August 21,2011
Companies are now drilling in the Tuscaloosa Marine Shale play, an “unproven unconventional 7 billion barrel oil resource” spanning central Louisiana and southwestern Mississippi.
The total potential of the play — as estimated by the Basin Research Institute at Louisiana State University — would equal the United States’ oil consumption for a year, which was about 6.9 billion barrels in 2010.
The Tuscaloosa Marine Shale (TMS) play covers central Louisiana and the southwestern Mississippi counties of Amite, Wilkinson, Adams, Franklin, Pike, and Walthall for a total of 2.7 million acres. The term “play” in the oil and gas industry refers to a geographic area targeted for exploration.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Twang & Tourism: The Country Music Trail
Top Posts & Pages
- Brandon man hauls in record 756-pound alligator
- Officials set hunting dates for birds; expands dove season by 20 days
- McDaniel delays decision on whether to appeal dismissal of lawsuit
- FLIPPING OUT — Flipping houses is popular in much of the country, but in Mississippi ...
- Is cotton looking too good? Farmers facing weaker prices
- More than a dozen school districts sue state over funding
- REVVING UP — Motorcars of Jackson is preparing to open its first-ever showroom on I-55
- Bryant issues executive order to establish Delta water task force
- Jackson to get C Spire's high-speed internet