Discussion On Central Louisiana Oil & Gas Activity
Friday, February 22, 2013
I believe that the final "check box" for the Tuscaloosa Marine Shale play is the decline curves. With a handful of 2008 "old era" wells and more "new era" wells producing, some projections can be made with respect to anticipated first year declines. The current dataset indicates a potential type curve in the range of 78-83% for first year decline. Our EUR estimates range from 400-800 MBOE. Log analysis from historical deeper wells (775 analyzed) clearly defines pay thicknesses and variations across the play. The variation in thickness is consistent which assists with predictability.