WJTV News Channel 12 - Pike County sees first TMS oil well permits

Pike County sees first TMS oil well permits

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MCCOMB, Miss. (AP) - A Texas oil company is seeking to drill the first oil wells in Pike County as part of the Tuscaloosa Marine Shale formation.

Experts have said the formation, stretching across parts of southwest Mississippi and central and southeast Louisiana, could hold 7 billion barrels of oil. Drilling activity has stepped up this year.

The Enterprise-Journal reports (http://bit.ly/1ozZYaX ) that Houston-based Sanchez Oil & Gas Corp. has filed permits to establish drilling three units in the southwestern part of the county for oil wells.

The Mississippi Oil and Gas Board will consider Sanchez's permits at a Sept. 17 hearing. The oil and gas board has set a Sept. 9 deadline to contest the permit request.

Pike County will become the third county in Mississippi to see drilling in the formation.

Information from: Enterprise-Journal, http://www.enterprise-journal.com

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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