Halcon’s Wilson Says Tuscaloosa Shale Among Last Big Shale Finds
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Floyd Wilson, the wildcatter who helped discover the fastest-growing U.S. oil field, says a prospect called the Tuscaloosa Marine Shale is among the last great fields that may emerge in the U.S. energy renaissance.
The chairman and chief executive officer of Houston-based Halcon Resources Corp. said in an interview yesterday that his company in the last six months has acquired 250,000 acres in the field that spans from Texas to Mississippi. The company expects wells there to produce between 500,000 to 1 million barrels of oil each.