July 24, 2012 04:43 PM

By ABiz Staff
July 26, 2012

Devon Energy's fourth horizontal well in the Tuscaloosa Marine Shale is producing 384 barrels of oil per day, its strongest yet.

Louisiana DNR Secretary Scott Angelle announced that the Oklahoma City-based company completed its fourth horizontal well in the Tuscaloosa Marine Shale, with initial production test figures submitted the second week of July showing the strongest oil production results of the company's TMS wells to date - 384 barrels of oil per day.

This newest well, located in northern St. Helena Parish, follows Devon's successful drilling of two productive horizontal TMS wells, one in East Feliciana Parish and the other in Tangipahoa Parish, Angelle said. Devon also has two other TMS well projects in progress - another in Tangipahoa Parish and one in West Feliciana Parish.

The TMS is believed to underlie much of Central Louisiana, with potential productive areas currently being explored from Vernon Parish to Tangipahoa Parish. It appears to be primarily an oil-rich play.

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