The Tuscaloosa Marine Shale formation is 8 million acres. It includes 28 parishes in central and south Louisiana, and several southwestern Mississippi counties. (Credit: Courtesy of the Louisiana Geological Survey via the Louisiana Department of Natural Resources)
$9.7 million grant fuels creation of oil consortium at UL Lafayette
About 7 billion barrels of light, sweet crude oil is estimated to reside in the Tuscaloosa Marine Shale, a geological formation that covers 28 parishes in central and south Louisiana, and several southwestern Mississippi counties.
That’s a lot of black gold – and a $9.7 million grant from the U.S. Department of Energy and several energy companies will enable researchers from the University of Louisiana at Lafayette and four other institutions to better understand how the significant energy reserve can be recovered.
