More Goodrich Touts Tuscaloosa Marine Success Despite Soft Shale Worries Located within the Texas-Louisiana Salt Basin and straddling the state line between Louisiana and Mississippi, the Tuscaloosa Marine shale play has been touted by some as the next “big thing,” perhaps even – wait for it – the next Eagle Ford. However, some early wells in the Tuscaloosa did not always yield the results that were expected, and that created a perception by some that the clay-like nature of the rock in the formation was limiting production. That perception began to change back in February with Goodrich Petroleum Corp.’s prolific Crosby 12H-1 well in Wilkinson County, Mississippi. While one good well does not an Eagle Ford make, the Crosby well proved that whatever challenges the Tuscaloosa Marine Shale offered could be overcome. In fact, the company is doubling down on the Tuscaloosa after issuing 6 million shares of stock […]

Posted in: USA