Woodland Hills, CA (PRWEB) January 27, 2015
Information Forecast, the leading Oil & Gas conference producer, is set to host the 3rd Tuscaloosa Marine Shale Development Summit & Exhibit next week in New Orleans, LA. Taking place February 3 - 5, 2015, the popular conference will gather the leading stakeholders of the Tuscaloosa Marine Shale (TMS) play.
The Tuscaloosa Marine Shale play continues to boom, with a potential of 7 billion barrels of oil. TMS mimics other prolific plays, with potential often geologically compared to the oily part of the Eagle Ford, and Estimated Ultimate Recoveries comparable to those in the Bakken play. Numerous service companies are boosting their presence in TMS and efforts by operators such as Goodrich, Halcón, Encana, Sanchez and Comstock to implement the best drilling strategies, minimize completion issues and cut well costs are well underway. With production continuing to boom, attention has turned to muchneeded investment in the rest of the value chain.
While existing infrastructure connecting TMS to end-markets via the Mississippi River provides low-cost transportation service with limited interruptions, it is not sufficient for the expanding production levels, creating a need for more oil and gas takeaway options. Midstream infrastructure must be expanded, some pipelines must reverse direction and more CO2 pipelines must be built to support reservoir flooding for enhanced recovery. Additional terminals must be built to facilitate barging to refineries, and truck and rail options must be expanded. In addition, labor and housing shortages present challenges in the region. Investment opportunities abound, however, only the most informed will be positioned to profit in this play.
Key stakeholders will gather at the 3rd Tuscaloosa Marine Shale Development Summit & Exhibit, on February 3-5, 2015 in New Orleans. Industry players in leasing, exploring, producing, and drilling in the region will gather and network with service, equipment, materials, and transportation providers and infrastructure developers, the investment community, and local community representatives to discuss the vast business and investment opportunities in this emerging play.
For more information or to register, visit infocastinc.com/tuscaloosa or call 818-888-4444.
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