All Quiet on the Western Front . . .

Well not the Western front but in West Feleciana Parish and the Tuscaloosa Marine Shale.  Things have just gone quiet.  No action.  Nada.

With the price of oil down around $50 a barrel it ain't worth drilling.  The wells in Mississippi and northern edge of the Louisiana "toe" cost to much to drill at that price.  Those already drilled are certainly producing oil and gas but not returning sufficient income to justify any new wells.

So we wait.  And it is all quiet on the TMS at the moment.  The last well I saw in activity on was a deep gas well near Zachary in East Baton Rouge Parish.  It was a deliberate drill to the deep depths of the Tuscaloosa Trend for gas not oil.  While gas is bouncing along the bottom so to speak in price it is not really understood why that well was drilled.  That it is a success speaks for itself.

It can only mean that in the future when the price goes up there will be new Tuscaloosa Trend activity in that region.

There used to be one rig floating around in Pointe Coupee Parish.  It would drill a well in Judge Digby Field and move off and do one some where else in the Parish.  Then it would migrate back to the Judge Digby region and drill another well.  I think that well has packed up and moved out, no drilling in Pointe Coupee.

So we wait.  Angeles Plantation has been leased many times but no wells.  So I expect when the price of oil goes back up we may see some activity. But until then, not much is going on.

So it is all quiet on the petroleum front.