Australis remains focused on maximizing its control over the Tuscaloosa Marine Shale’s core, as it seeks a partner to further develop this promising asset. For further insights into AU ...

The Tuscaloosa Marine Shale was steamy hot. Amite County was on fire. Oil money would enrich some leaseholders but all other citizens of cities and counties would be helped, too.

Despite stronger oil prices, the Tuscaloosa Marine Shale doesn't quite appear viable for new development yet, and Goodrich's focus will remain on the Haynesville Shale given the very strong ...

What if there were huge reserves of oil in Central Louisiana waiting to be tapped? What if major players lined up to lease land and drill wells, providing an economic boost to the area the way ...

The massive Tuscaloosa Marine Shale covering eight million acres in Louisiana and Mississippi has long tantalized oil companies and economic development officials with the promise of a new oil boom.

An $80 million Australis Oil & Gas Co. deal for Encana Corp.'s remaining acreage in the Tuscaloosa Marine Shale is an encouraging sign, but oil prices will continue to limit the amount of new ...

That has meant slow times in northwestern Louisiana, he said. Likewise, he said, the Tuscaloosa Marine Shale that stretches across south Louisiana would not be profitable at $50 — or anything close.

One of the oil companies most active in drilling wells in the Tuscaloosa Marine Shale formation in Mississippi and Louisiana has sought bankruptcy protection. Houston-based Goodrich Petroleum filed ...

Other oil plays that have been all but abandoned in the past year include the Tuscaloosa Marine shale of Louisiana and Mississippi (which needs oil above $90 to be economic) and the Mississippi ...

That kind of horizontal well-drilling is done in southwest Mississippi’s Tuscaloosa Marine Shale. The exploration for carbon dioxide in Madison County and the surrounding areas involves drilling ...

In Louisiana, drilling is done on land on the Haynesville Shale in Northwestern Louisiana and Tuscaloosa Marine Shale in eastern Louisiana. The company works in about 85 countries and has ...

Halcon Resources in November said it was pulling out of the Tuscaloosa Marine Shale for now and would instead focus on a scaled-down drilling program in Texas and North Dakota. Floyd Wilson ...