Louisiana to raise requirements for TMS bids

The US state of Louisiana is changing its minimum requirements for bids on leases prospective for the Tuscaloosa Marine shale (TMS) in search of higher royalties and prices per acre.

Royalties: state of Louisiana wants higher fees from Tuscaloosa Marine shale operators
Royalties: state of Louisiana wants higher fees from Tuscaloosa Marine shale operators
Published 21 May 2014, 18:10Updated 11 October 2016, 16:29