Louisiana: Biloxi Marshland
LOCATION
St. Bernard Parish, Louisiana
AVERAGE INTERESTS
Working Interest: 92%,
Net Revenue Interest: 65%.
GEOLOGY
Primary objective: Cris I sands deposited in slope channels and
fans south of the Cretaceous shelf edge.
Stratigraphic traps caused by isolated sand bodies in dominantly shale section.
Cris I gas reservoirs cause seismic amplitude anomalies.
Middle Miocene oil and gas production occurs on structural closure north
and northwest of project area.
Large Cretaceous-age (Tuscaloosa) structures have been mapped at 20,000'
LAND
Meridian controls over 210,000 acres of privately owned minerals in the
approximately 400,000 acre project area.
HISTORY
Discovered: December 2002
Number of Wells: 23 of 38; 61% success rate
TMR owned 3-D seismic: 540 sq miles (450 sq miles proprietary)