By ABiz Staff
July 26, 2012

Devon Energy’s fourth horizontal well in the Tuscaloosa Marine Shale is producing 384 barrels of oil per day, its strongest yet.

Louisiana DNR Secretary Scott Angelle announced that the Oklahoma City-based company completed its fourth horizontal well in the Tuscaloosa Marine Shale, with initial production test figures submitted the second week of July showing the strongest oil production results of the company’s TMS wells to date — 384 barrels of oil per day.

This newest well, located in northern St. Helena Parish, follows Devon’s successful drilling of two productive horizontal TMS wells, one in East Feliciana Parish and the other in Tangipahoa Parish, Angelle said. Devon also has two other TMS well projects in progress — another in Tangipahoa Parish and one in West Feliciana Parish.

The TMS is believed to underlie much of Central Louisiana, with potential productive areas currently being explored from Vernon Parish to Tangipahoa Parish. It appears to be primarily an oil-rich play.

To post a comment, please log into your IND account. If you do not have an account, click the "register" button to create one. Facebook comments can be used as an alternative to creating an account at theIND.com.

Loading
Chart
ABiz Stock Watch
o Home Bancorp 22.40 ▲0.08 (0.36%)
o Frank's International 23.15 ▲0.32 (1.40%)
o IberiaBank Corp 65.35 ▲0.04 (0.06%)
o LHC Group 21.62 ▲0.09 (0.42%)
o MidSouth Bancorp 18.74 ▲0.19 (1.02%)
o Petroquest Energy 6.72 ▲0.19 (2.91%)
o PHI Inc. 38.46 ▲1.41 (3.80%)
o Superior Energy 35.55 ▼0.06 (-0.17%)
o Stone Energy 40.72 ▲1.08 (2.72%)
o Teche Holding 71.82 (%)
o Facebook Inc. 69.27 ▼0.13 (-0.19%)
o Twitter Inc. 37.65 ▼0.40 (-1.05%)
o Gannett 33.25 ▲1.53 (4.82%)
NYSE:HBCP

Home Bancorp

Company ID [NYSE:HBCP] Last trade:22.40 Trade time:3:59PM EDT Value change:▲0.08 (0.36%)
NYSE:FI

Frank's International

Company ID [NYSE:FI] Last trade:23.15 Trade time:4:01PM EDT Value change:▲0.32 (1.40%)
NYSE:IBKC

IberiaBank Corp

Company ID [NYSE:IBKC] Last trade:65.35 Trade time:3:59PM EDT Value change:▲0.04 (0.06%)
NYSE:LHCG

LHC Group

Company ID [NYSE:LHCG] Last trade:21.62 Trade time:3:59PM EDT Value change:▲0.09 (0.42%)
NYSE:MSL

MidSouth Bancorp

Company ID [NYSE:MSL] Last trade:18.74 Trade time:4:01PM EDT Value change:▲0.19 (1.02%)
NYSE:PQ

Petroquest Energy

Company ID [NYSE:PQ] Last trade:6.72 Trade time:4:02PM EDT Value change:▲0.19 (2.91%)
NYSE:PHII

PHI Inc.

Company ID [NYSE:PHII] Last trade:38.46 Trade time:3:59PM EDT Value change:▲1.41 (3.80%)
NYSE:SPN

Superior Energy

Company ID [NYSE:SPN] Last trade:35.55 Trade time:4:08PM EDT Value change:▼0.06 (-0.17%)
NYSE:SGY

Stone Energy

Company ID [NYSE:SGY] Last trade:40.72 Trade time:4:00PM EDT Value change:▲1.08 (2.72%)
NYSE:TSH

Teche Holding

Company ID [NYSE:TSH] Last trade:71.82 Trade time:4:03PM EDT Value change: (%)
NYSE:FB

Facebook Inc.

Company ID [NYSE:FB] Last trade:69.27 Trade time:4:00PM EDT Value change:▼0.13 (-0.19%)
NYSE:TWTR

Twitter Inc.

Company ID [NYSE:TWTR] Last trade:37.65 Trade time:4:00PM EDT Value change:▼0.40 (-1.05%)
NYSE:GCI

Gannett

Company ID [NYSE:GCI] Last trade:33.25 Trade time:4:01PM EDT Value change:▲1.53 (4.82%)
Advertisement

Read the Flipping Paper!

Click Here for the Entire Print Version of
ABiz
 
Advertisement
Advertisement