http://dnr.louisiana.gov/index.cfm?md=newsroom&tmp=detail&a...
BATON ROUGE – Louisiana Department of Natural Resources (DNR) Secretary Scott Angelle noted today that Devon Energy recently completed its fourth horizontal well in the Tuscaloosa Marine Shale (TMS) and the initial production test figures submitted this week show the strongest oil production results of the company’s TMS wells drilled to date − at 384 barrels of oil per day (BOPD).
This newest well, located in northern St. Helena Parish, follows Devon’s successful drilling of two productive horizontal TMS wells in East Feliciana Parish and another in Tangipahoa Parish. Devon also has two other TMS well projects in progress – one in Tangipahoa and one in West Feliciana parishes.
“I want to thank Devon Energy for expressing its faith in Louisiana’s potential to provide energy and qualified workers, because I recognize that the company has a choice in where it invests its exploration funding,” Angelle said. “I hope to see Devon’s ongoing success in the Tuscaloosa Marine Shale repeated by the other operators who have begun to invest in the play, bringing the potential for economic development, jobs and new sources of domestic energy,” Angelle said.
The Tuscaloosa Marine Shale is believed to underlie much of Central Louisiana, with potential productive areas currently being explored from Vernon Parish to Tangipahoa Parish. The energy industry has been observing the development of the Tuscaloosa Marine Shale, believed to be primarily an oil-rich play. New processes and technology have led to rapid gains in domestic oil and natural gas reserves, making them recoverable from ultra-dense formations once thought uneconomical to produce.
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When DNR Secretary Angelle is making announcements on behalf of energy companies touting their wells (even borderline economic wells such as Devon's TMS wells to date) it demonstrates just how close the relationship is between the regulators and the regulated. I'm still waiting for the Devon Little Silver Creek unit application to be entered as a Field Order on the SONRIS Classic portion of the database. From what I understand it was amended at the last minute and is different from what was stated and depicted in the notice letters to Interested Parties. Any application with a substantive amendment should have to go back through the pre-conference notice process for a public meeting. To amend it at the last minute, approve the application as amended and give no notice to the Interested Parties is not regulation in the public interest, IMO. It is circumventing the DNR's own protocol and due process.
Good point, Skip.
Maybe Angelle is sniffing around to change careers. Hey, the State of La. is notorious for its low salaries, and managing press releases for Devon might triple Angelle's income.
And, as you also know, 384 BOPD might not even cover the cost of drilling the well (per the decline), although it certainly shows potential for tweaking and possibly eventually hitting the (higher) needed numbers per the learning curve.
GD
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