Replies to This Discussion

Permalink Reply by 1kw6x71km1v37 on May 2, 2014 at 13:16

If a more carbonaceous YMS formation is what's needed for success, then my conclusion is perhaps closer to the truth. Exploration of the TMS should have begun on the western side of Louisiana, where there is also less clay content down yonder way. This, assuming there is sufficient formation depth to be economic. That seems to be the one big possible downside, a shallow formation. You would think these E&P's did put a pencil to it before they started over in the east, but it's been my limited experience they sometimes run in packs to wherever will affect their stock price the most in the short run. Then they start flippin' to the Johnny-come-latelys sitting on massive hoards a cash who want in at any cost. Some of that has already gone on in the TMS. A few more good wells, and the lid will blow off the play.

• ▶ Reply