There are currently three active rigs across Central Louisiana and Mississippi, two of which fall within the boundaries of the LAMS Stack Play. Marathon, operating under Southwind Oil & Gas, is drilling an Austin Chalk well in Rapides Parish. The Crowell LM 30-1 has a planned TVD of 15948'. The company has acquired over 220,000 acres in the area.
ConocoPhillips is drilling in southwestern East Feliciana Parish for the Austin Chalk. The McKowen #1 has a planned TVD of 15500'. ConocoPhillips has assembled approximately 230,000 acres across the play.
The Marathon well is located in the northeastern corner of the downdip or "D fairway" of the LA-West region. The ConocoPhillips McKowen #1 is in the in the updip "C fairway" of the LA-East region . ConocoPhillips has a second well permitted also in the "C fairway".
Australis, a small penny stock on the Australian Stock Exchange (ASX), is drilling a Tuscaloosa Marine Shale (TMS) in Amite County, Mississippi. The company plans to drill 2-4 consecutive wells.