All things about Austin Chalk in Louisiana: Horizontal drilling, improved seismic testing, and liner casing are offering hope for the deep minerals in the Austin Chalk which runs from Austin, Texas through parts of Louisiana to Biloxi Mississippi.
Location: Vernon-Rapides-Avoyelles-StLandry-PtCoupee-Florida parishes
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littleasy, thank you so much for your information. I found some interesting information on your original question. Though Basin is thought to represent Devon I found a stack of leases transfered from Basin to Anadarko in October.
Craig
http://www.rigzone.com/news/article.asp?a_id=108178
The resolution of the ES edge is not clear but this should be helpful for this discussion. Clearly, potential in both formations. Good luck.
Abington,
The Edward's Shelf or Reef is the old Continental shelf. In chalk the formation seems to be fractured more below the shelf. Its also much thicker below the shelf.
Avoyelles Today article on recent area activity.
http://avoyellestoday.com/view/full_story/14838070/article-Latest-D...
no, 25 for seismic or option or something like that. Then after 6 months they can exercise option to lease at 150, for a total of 175 in 6 months time if they take option.
I heard one land owner who had 7000 acres in this fashion last year just was renewed 3000 of them, but he said other companies have expressed interest to pick up the dropped 3000.
Shale drilling and lithium extraction are seemingly distinct activities, but there is a growing connection between the two as the world moves towards cleaner energy solutions. While shale drilling primarily targets…
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AboutAs exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More |
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