More shale drilling coming to Louisiana soon?

Landowners here in northwest Louisiana have done well from development of the Haynesville shale formation. Haynesville is primarily a natural gas formation, however, and with the boom in supply and slow development of the liquified natural gas export market, drilling has slowed to a crawl.

The middle of the state may soon be getting into the drilling boom soon, with development of the Tuscaloosa Marine shale formation. This article was mostly about exploratory drilling in western Mississippi, but the formation extends all the way across the middle of Louisiana. Estimated to hold 7 billion barrels of light sweet crude, the formation could be as productive as Bakken or Eagle Ford.

Faster, please.

TMSPARISH