News and Analysis

Goodrich Eyes Bankruptcy After Lackluster Offering; TMS, Eagle Ford

The company is headed for bankruptcy after its latest debt-for-equity exchange offer didn't meet expectations.

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Tuscaloosa Marine Shale (TMS) Overview

The Tuscaloosa Marine Shale, a 2.7 million acre emerging horizontal oil play with vast quantities of oil contained in this powerful Cretaceous-age source rock, created quite a stir in the industry two and a half years ago when Devon, one of the early entrants in the play, announced a significant acreage position and plan to drill several horizontal wells.

Since then, over half a billion dollars has been spent by E&P companies on leasing, geo-science and…

Latest Midstream Projects
Project Name Completion date Capacity (MBOPD)
Lake Charles LNG Liquefaction  - -
Total   -
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  Tuscaloosa Marine Shale (TMS) - Mergers & Acquisitions

Announce DateHeadlineBuyerSellerValue $MMType
10/05/2016 Halcon Resources Sells TMS Property to Apollo Global $212 Property
12/01/2015 Aresco LP Acquires Interest in Tuscaloosa Marine Shale Position --- Farm-In
05/13/2014 Amelia Resources Sells Off Tuscaloosa Marine Shale Acreage --- Property
11/14/2013 Comstock Acquires Tuscaloosa Marine Shale Acreage $55 Property
11/06/2013 Gulf Coast Adds Louisiana Acreage, Commences Seismic Survey --- Property
08/08/2013 Sanchez to Dive into Tuscaloosa Marine Shale $78 Property
07/22/2013 Goodrich Bolts On Tuscaloosa Marine Shale Acreage $24 Property
01/03/2012 Sinopec Partners With Devon Energy On Multiple Unconventional Plays $2,200 JV
06/13/2011 Goodrich Petroleum Acquires Tuscaloosa Marine Shale Oil Acreage $13 Property
04/02/2009 Hyperdynamics Sells Northeast Louisiana Property Interest to Rabb Resources $3 Property

Tuscaloosa Marine Shale (TMS) Transactions By Month ($MM)

Tuscaloosa Marine Shale (TMS) Strats, Maps, Type Logs and More
Tuscaloosa Marine Well Results
Tuscaloosa Marine Shale Type Log
Tuscaloosa Marine Shale Stratigraphic Section
Tuscaloosa Marine Shale Map
The Tuscaloosa Marine Shale Play in Southwest Mississippi