OIL AND GAS NEWS - FEBRUARY 22, 2015 - shreveporttimes.com
OIL & GAS
COMPLETIONS
CADDO PARISH
COMPANY: Bob Sibley, Spearman, 002: 247954. WHERE: Rodessa, S 3. T. 23N R. 16W. DAILY PRODUCTION: 0 mcf gas on n/a/64 choke; 11.69 barrels 44 gravity condensate; 112 barrels water. PRESSURE: 0 lbs. SPECIFICS: Gloyd; perforations, 5930-5946 feet, depth, 6396 feet.
DESOTO PARISH
COMPANY: Indigo Minerals LLC, cv ra suff; Young 18 h, 001-alt: 248381. WHERE: Bethany Longstreet, S 18. T. 13N R. 14W. DAILY PRODUCTION: 7988 mcf gas on 44/64 choke; 10 barrels 58 gravity condensate; 3247 barrels water. PRESSURE: n/a lbs. SPECIFICS: Cotton Valley RA; perforations, 10315-14451 feet, depth, 14558 feet.
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Tuscaloosa Trend Sits On Top Of Poorest Neighbourhood For Decades - Yet No Royalties Ever Paid To The Community -- Why??
In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
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